Veolia has announced that it is moving its North American zone headquarters to Boston.

With approximately 7,900 North American employees – including 280 in the Boston/Cambridge area and a total of more than 700 in Massachusetts, Veolia North America provides water, energy, waste and resource recovery solutions to more than 530 cities and 30,000 businesses. The company’s new corporate headquarters will be located at Veolia’s downtown Boston offices. Approximately 50 jobs will relocate to the Boston area over the next five years.

William J. DiCroce was recently named the new president and CEO of Veolia North America. He previously served as president and chief operating officer of Veolia North America’s Municipal and Commercial business and has led Veolia’s energy business in North America since 2013.

Veolia has deep roots in Massachusetts and the Boston area in particular, providing thermal energy to the central business district of Boston, the Longwood Medical Area, and the biotechnology corridor of Cambridge.

The company also operates and maintains public water systems in partnership with many of the Commonwealth’s municipalities, including Gloucester, Lynn and Leominster -- servicing more than 650,000 residents. Protecting the environment and recovery valuable resources, Veolia delivers customized waste and resource recovery solutions to local biotech, pharma, high tech, health care and academia markets. In addition to its downtown Boston offices, Veolia maintains operations in Cambridge, Charlestown, Marlborough and West Bridgewater.

Veolia North America CEO William J. “Bill” DiCroce said:

“We believe that Massachusetts and the Greater Boston area, with its commitment to sustainability and growing a knowledge-based, innovation-driven economy, is a perfect fit with Veolia’s mission of ‘Resourcing the world. The region is an exceptional hub for talent, innovation and creativity, and it has a rock-solid commitment to sustainability. These qualities mirror the future we envision for Veolia as we develop new ways to meet today’s environmental challenges.”