On 16 November, Austin, Texas-based Pennybacker Capital Management made a strategic investment in Massachusetts-based Cambrian Innovation by committing up to US$200 million in growth capital support. The water sector has witnessed significant announcements in 2023 that underscore the scaling investor interest in decentralized wastewater treatment technology and services for industrial and commercial facilities.
In this Research Note:
- Recent deal flow flags the attractiveness of containerized industrial water treatment
- Amid promise, scaling outsourced treatment model presents challenges
- A universal incentive plan would cut across current fragmented policy and regulatory landscape