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SourceOne’s New West Coast Office Expands Veolia Energy’s Suite of Energy Solutions

12 september 2012
Los Angeles, CA. — SourceOne, a nationally recognized energy consulting firm and a subsidiary of Veolia Energy North America, has opened an office in Los Angeles to support its growing customer base in the West Coast region.  SourceOne provides a wide range of services in energy management, efficiency improvements and engineering solutions, which will complement and expand upon the suite of Veolia Energy service offerings on the West Coast.  Veolia Energy already owns, operates and maintains two district energy networks in Century City and Bunker Hill, which efficiently produce chilled water at central plants and distribute it to prestigious office buildings for space cooling.  In addition, Veolia Energy operates and maintains the energy infrastructure of a Hollywood retail and entertainment complex, a movie studio for animation productions, and an iconic art deco hotel.  

“SourceOne has been working with several clients in California and the surrounding region,” said Vincent Martin, President of SourceOne.  “We’re excited to further SourceOne’s growth and expansion and support our existing customers by facilitating their energy requirements, business objectives, sustainability, and efficiency goals.”  

SourceOne has offices strategically located in the growing energy markets of Boston, New York, Hartford, Philadelphia, and now Los Angeles.  The new office, located at 715 West Third Street in Los Angeles will serve SourceOne’s burgeoning customer base on the West Coast.  As Vice President, Rick Smith will oversee operations for all of SourceOne’s California based projects and contracts, in addition to identifying and supporting new business opportunities.  As an experienced leader of operational and business support teams, Smith has several years of experience at SourceOne and in the energy industry.  Serving previously as SourceOne’s Vice President of Finance, Smith has demonstrated skills in project management, financial and business case analysis, and project budgeting and planning.  

“California is one of the largest economies in the world, in addition to being a leader in forward thinking energy policy, renewable technology, and energy management.  It’s a quickly changing world in which our customers appreciate our commitment to helping them meet their objectives by providing technical advice and support in local and national markets,” added Smith.  “I am looking forward to supporting our existing California clients and projects and leveraging our experience to strengthen SourceOne’s energy consulting services offering on the West Coast.  Veolia Energy serves clients across the full value chain of energy, from assessment, through advice, through implementation of projects, through ongoing operations and maintenance.” 

About SourceOne
A subsidiary of Veolia Energy North America, SourceOne is a nationally recognized energy management and strategic advisory services company, providing support to businesses who view energy as critical to their operations.  SourceOne offers a strategic, customized approach to utilizing available resources, and generating new solutions.  With offices in Boston, New York City, Los Angeles, Hartford and Philadelphia, SourceOne manages more than 900 megawatts (MW) of electric power, 4 bcf of natural gas, and $500 million of utility bill processing.  Visit the company’s Web site at: http://www.sourceone-energy.com. 

About Veolia Energy North America
Based in Boston, MA, Veolia Energy North America is a leading U.S. operator and developer of energy efficient solutions.  Veolia Energy operates and maintains the largest portfolio of efficient district energy networks in North America.  Veolia Energy Solutions operates and maintains commercial and manufacturing energy infrastructure with guaranteed savings; designs, builds, operates and maintains socially responsible, local energy production assets such as combined heat and power (CHP) and renewable energy plants; and provides energy consulting and engineering services.   Visit the company’s Web sites atwww.veoliaenergyna.com and www.veolianorthamerica.com.    

About Veolia Environnement
Veolia Environnement (Paris Euronext: VIE and NYSE: VE) is the worldwide reference in environmental solutions. The company has operations all around the world and provides tailored solutions to meet the needs of municipal and industrial customers in the complementary segments of energy management, water management, and waste management.  Veolia Environnement recorded revenue of $38.4 billion in 2011. www.veolia.com

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Press Contact: 
Veolia Energy North America - Rowan Sanders
Tel: 617-849-6656
E-mail: rsanders@veoliaenergyna.com