In Thailand, The Nation reported that Veolia has acquired all of GPSC’s 33.3% stake in Eastern Seaboard Clean Energy Company Limited (ESCE), a holding vehicle which owns 99.99% of Chonburi Clean Energy (CCE).
With this acquisition, Veolia has increased its stake to 66.6% in CCE, a state-of-the-art non-hazardous solid Waste-to-Energy plant located in Thailand’s Eastern Economic Corridor.
“This investment demonstrates Veolia’s determination to lead the transformation of waste management in Thailand. With over 170 years of global expertise, we are leveraging our operational excellence to further optimize CCE’s performance, diversify waste streams, and convert waste into valuable resources. This approach is fully aligned with Veolia’s GreenUp strategy – decarbonize, depollute and regenerate – and positions us as a key partner in supporting Thailand’s sustainability objectives and accelerating the transition of its industrial landscape towards a more circular and resilient economy,” said Jerome Le Borgne, Country Head of Veolia Thailand.