Press Release
July 1, 2025
Veolia Japan GK
Veolia becomes majority shareholder in Goi Coast Energy to strengthen its position in local energy production in Japan
Veolia Japan GK (Minato-ku, Tokyo; President: Kazuhiro Uchino) announces today that it has acquired a majority stake in Goi Coast Energy Co., Ltd. (Ichihara City, Chiba Prefecture) from Goi Coast Energy and Otaki Gas Corporation (Mobara City, Chiba Prefecture), becoming its largest shareholder.
Goi Coast Energy supplies steam and electricity to JNC Petrochemical Ichihara plant (Chiba prefecture), while providing surplus electricity to customers through power retail companies. The facility has a power generation capacity of approximately 110,000 kilowatts and steam generation capacity of 75 tons per hour.
Veolia Group's strategic program 'GreenUp' positions the local energy supply business as one of the essential elements for the group's growth. Veolia brings its global expertise in energy management and operational excellence to this project, while this acquisition strengthens Veolia's position in Japan's industrial utility outsourcing market and creates opportunities for diversifying additional environmental services within the industrial complex. Goi Coast Energy will play a crucial role in contributing to industry and local communities by providing stable and efficient low carbon solutions.
Veolia Japan is committed to serving society through its extensive operations, including the operation & maintenance of 160 drinking and wastewater treatment facilities, the recycling of 56,000 tons of plastics, and the ability to treat 90,000 tons of hazardous waste with heat recovery annually. The company also operates five wood chip biomass power plants, reinforcing its dedication to sustainable energy solutions. Through our operations, we will accelerate our community-based initiatives to achieve ecological transformation that balances human progress with environmental protection.
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ABOUT VEOLIA
Veolia is a comprehensive environmental solutions company headquartered in France with global operations, aiming to become the benchmark company for ecological transformation. In Japan, Veolia Group operates in three main areas: water, waste management, and energy management. Since its establishment in 2002, the Company has continued to provide services throughout Japan, building on its globally cultivated experience and network, along with the technology and community trust developed by each group company in their respective business fields. Under its mission 'Resourcing the world,' the Company provides innovative solutions to municipalities and businesses to facilitate the transition to a circular economy.