Media

Vincent Martin Appointed President of SourceOne

10/19/10  • Energy
BOSTON, Oct. 19, 2010- Veolia Energy North America, a leading operator and developer of sustainable energy systems, announced the appointment of Vincent Martin to President of SourceOne, its energy management and advisory services subsidiary. In this position, Mr. Martin is responsible for driving SourceOne’s growth, and leading its 70 highly-skilled energy personnel as they deliver solutions to leaders in sectors where energy is a mission-critical strategic asset: biotechnology, healthcare, life sciences, finance, investment, government, transportation, higher education, and high technology. SourceOne has a national reach and capability, and currently maintains four offices across the Continental USA, in Boston, New York City, Hartford and Los Angeles.

Prior to leading SourceOne, Mr. Martin had been Veolia Energy North America's Chief Technical Officer since 2008. From 2001 until 2008, he was the Corporate Technical Director for Dalkia, the European brand name for Veolia Energy. In this position, Mr. Martin was responsible for the development and execution of the company's technical policy on a worldwide basis. Mr. Martin joined the company in September 1995. He started his career with Alstom and earned an engineering degree from École Supérieure d'Électricité in France.

"I am pleased to announce the appointment of Vincent Martin to President of SourceOne," said Stewart A. Wood, President and CEO of Veolia Energy North America. "Vincent has been an important contributor to the enhancement of Veolia Energy's technical operations over the years, and I am confident that his expertise will advance the mission of SourceOne, which is to help make the operations for our customers more reliable, sustainable and cost-effective."

About SourceOne
SourceOne is a nationally recognized energy management and advisory services company, providing consulting support to businesses who view energy as critical to their operations. SourceOne has developed extensive expertise related to carbon and energy management, design or enhancement of energy infrastructure, and the commissioning of mission critical facilities such as data centers. Where energy is critical to customer operations, SourceOne can provide strategic recommendations regarding energy consumption, and self-perform or coordinate the implementation of energy solutions. SourceOne currently manages 850 megawatts of electric power for its customers, along with $500 million of utility bill processing. Visit SourceOne's Web site at www.sourceone-energy.com.

About Veolia Energy North America
Based in Boston, MA, Veolia Energy North America is a leading U.S. operator and developer of sustainable energy systems. The company is part of the Veolia Environnement companies in North America, with more than 28,000 North American employees providing sustainable environmental solutions in water management, waste services, energy management, and passenger transportation.

Veolia Energy's parent company, Veolia Environnement (NYSE: VE and Paris Euronext: VIE), is the global standard for environmental services. With approximately 313,000 employees in 74 countries, Veolia Environnement recorded annual revenues of nearly $50 billion in 2009. Visit the company's Web sites at www.veolianorthamerica.com and www.veoliaenergyna.com.

Contact:
Veolia Energy North America - Rowan Sanders
Tel: 617-849-6656
E-mail: rsanders@veoliaenergyna.com