Veolia targets 1.2 billion dollars in tech revenue by 2030

The utility group Veolia, based in France, has announced an ambitious plan to nearly double its annual revenue from the data center and semiconductor sectors by 2030. The company expects to generate 1 billion euros (approximately $1.18 billion) from these industries, a significant increase from the 560 million euros recorded in 2025. This growth strategy is a response to the massive expansion of the tech sector, which has been accelerated by the global demand for artificial intelligence and the widespread use of ChatGPT. The rapid development of data infrastructure is placing immense pressure on global power grids and water resources. To address these issues, Veolia plans to leverage its proprietary technologies to provide integrated solutions for local energy production, water management, and the treatment of hazardous waste. These services are becoming essential for tech companies striving to maintain sustainable operations. The announcement, made in the United Kingdom, highlights the company's focus on high-growth markets where resource management is a critical operational factor. By positioning itself as a key infrastructure partner, the group aims to capitalize on the long-term expansion of the global digital economy.