French group Veolia aims $1.2 billion in revenue from data centres, chips by 2030

French utility Veolia aims to almost double its revenue from providing energy and water management solutions to data centres and chipmakers by ‌2030, it ⁠said ⁠on Tuesday, betting on strong demand from both sectors.

The company expects 1 billion ​euros ($1.18 billion) in annual revenues from data centres and the ​semiconductor industry, compared to ⁠the 560 ‌million euros it ​made ​in 2025, as it ⁠seeks to expand its presence in ​these fast-growing markets.