Veolia acquires General Me.el Electric

Veolia, through its subsidiary Apa Nova Bucharest, announced the acquisition of General Me.el Electric in Romania in January 2025. This acquisition brings 180 specialists and advanced expertise in electrical networks, intelligent public illumination, and photovoltaic systems under Veolia's umbrella. While the financial terms of the deal were not disclosed, the acquisition signals Veolia's strategic intent to expand its capabilities and service offerings in Romania, particularly within the renewable energy and smart infrastructure sectors. The acquisition is notable for several reasons. First, it demonstrates Veolia's commitment to integrating renewable energy solutions into its existing water and wastewater operations, potentially creating synergies and enhancing operational efficiency. Second, the addition of General Me.el Electric's expertise positions Veolia to capitalize on the growing demand for smart city technologies and sustainable energy solutions in Romania. Finally, the deal highlights the increasing consolidation within the renewable energy and infrastructure services market, as established players like Veolia seek to acquire specialized expertise and expand their market presence.