Energy Recovery files IPO for desalination
Energy Recovery, a San Leandro, Calif.-based firm which develops water desalination devices, has filed plans to list its shares on the NASDAQ under the ticker symbol “ERII.” The company expects its 14 million shares — 8.1 million of which will be offered by the firm… Continue Reading
Seven Seas Water receives $20M for water desalination
Removing the salt and other minerals from sea water has always been an expensive process, due to the cost of both building and operating plants. Seven Seas Water handles the process for Caribbean municipalities, as well as hotels and other private facilities.
The company, which is… Continue Reading
Seven Seas Water to buy up water purification companies in Caribbean
Seven Seas Water, a water desalination and purification company in St. Thomas, Virgin Islands, has recieved $20 million to buy up similar companies in the sector.
According to VentureWire (sub required), the company is backed by buyout firm TPG, venture firm DFJ Element Venture Partners, and… Continue Reading