Veridis

Founded in 1993, Veridis is a diversified company operating across environmental services, energy production, and water desalination sectors. In its environmental division, Veridis manages household waste collection, operates transit, sorting, and recycling stations, and produces alternative combustible materials from waste. The company also engages in compost production, organic waste landfilling, and the treatment and incineration of hazardous waste. Its energy segment includes a 20% stake in OPC Rotem, which operates a 466-megawatt conventional power plant, and a 20% stake in AJS Rotem, planning a 530-megawatt natural gas power plant. Veridis also holds a significant position in water desalination, owning 50% of the Ashkelon desalination plant until 2027 and fully owning the operator of a plant supplying 120 million cubic meters of desalinated water annually, representing 20% of Israel's total desalinated water. The company employs between 500 - 1,000 individuals and reported revenue of $41.3M. Meet Veridis's team to learn more about their leadership and operational structure. Veridis's strategic focus on sustainable resource management and energy generation positions it as a key player in its respective industries, contributing to environmental protection and energy security. The company's integrated approach to waste, energy, and water management underscores its commitment to circular economy principles and efficient resource utilization across its operations in Israel.