Desalitech, Ltd., a provider of advanced water treatment solutions and technology, announced today that it has secured an equity investment led by Liberation Capital, LLC. The total investment round of $6.25M will be used for expanding Desalitech's business and working capital.Liberation will also be supporting Desalitech with considerable project finance capital.
Desalitech is commercializing next-generation Reverse Osmosis (RO) water treatment solutions. Its proprietary Closed Circuit Desalination (CCD™) technology reduces cost by 20% or more. This is achieved by reducing energy consumption, reducing capital costs, improving process reliability and flexibility, and greatly reducing the emission of brine waste by raising recovery. The CCD process is uniquely capable of achieving high recoveries, even in problematic water sources, and this can change the economics of a water treatment project dramatically. These proven advantages make Desalitech’s solutions superior alternatives for industrial and municipal water treatment and wastewater reuse applications, and for brackish and sea water desalination.
Liberation Capital is a Global Private Equity Fund specializing in project finance for distributed renewable energy, water and wastewater projects. Liberation Capital supports modular, repeatable, decentralized projects like those served by Desalitech. Its investment model centers on strategic partnerships with CleanTech technology firms and project developers with multi-project/multi-year investment horizons.
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