Veolia Environnement S.A. (VE), a provider of environmental management services, Thursday said that its subsidiary and energy services company Dalkia has announced that an agreement regarding the financing of its subsidiary, Dalkia International, has been reached with Veolia Environnement and EDF.
The agreement provides for the issuance of 600 million euros in super-subordinated bonds by Dalkia International, to which its shareholders are expected to subscribe in proportion to their direct interests in the capital, that is, respectively 144 million euros for EDF and 456 million euros for Dalkia, financed by a long-term loan from Veolia Environnement.
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