2008-11-21 17:44:06 -

Veolia Energy North America, a leader in sustainable energy services and facility operations and management solutions, is pleased to announce that it has entered into an agreement with MultiLayer Coating Technologies, LLC (MCT) to manage an on-site thermal energy plant at MCT"s newly acquired manufacturing facility in New Bedford, Massachusetts. Veolia Energy will also be providing energy procurement services to

MCT.
"In today"s market, industrial manufacturers are seeking to leverage every opportunity they can to improve energy efficiency and conservation efforts," said Bill DiCroce, SVP of Veolia Energy"s East Region. "We are pleased to partner with MultiLayer Coating Technologies in this important effort and to assume responsibility for managing their full suite of energy needs."
Veolia Energy will provide a wide range of services, including:
- oversight of the heating, steam, process chilling and power generation at the plant;
- management of operations and maintenance services;
- metering and technical services; and,
- safety management.
MultiLayer Coating Technologies, LLC (MCT) was formed through the purchase of Polaroid Corporation"s advanced coating technologies and facilities in 2006. In 2008, Konarka Technologies entered into a long term lease agreement with MCT to utilize the site for its own manufacturing process of renewable energy products. In addition to a state of the art development and production facility, MCT maintains additional adjacent office and manufacturing space that will also be serviced by the central thermal energy plant.
"With Veolia Energy we have found a one-stop shop prepared to help us effectively leverage all of our energy assets, from energy procurement to on-site operations of our facility," said Bob Ackerman, President and CEO of MultiLayer Coating Technologies, LLC. "Having Veolia Energy on board to manage our thermal energy plant allows us to focus on developing the New Bedford property in the most effective manner for current and future tenants."
About Veolia Energy North America
A subsidiary of Veolia Environnement, Veolia Energy North America is a leading provider of custom, sustainable energy and facility operations and management solutions in the United States. Since its creation, Veolia Energy has focused on energy and environmental optimization. It meets customer expectations by delivering customized, end-to-end solutions to ensure efficient energy supply, including management of heating and cooling systems, energy plant engineering and maintenance services, and facility operations and management services for a wide range of industries. These environmentally-responsible energy services help customers reduce their carbon footprint through increased energy efficiency. With nearly 320,000 employees globally, Veolia Environnement reported revenue of $48 billion in 2007.


Veolia Energy North America

Rowan Sanders, 617-849-6656

mailto:rsanders@veoliaenergyna.com