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Benzinga

EXCLUSIVE: Crown And 529 Capital To Co-Build and Co-Own Reverse Osmosis Plant in Mexico

Benzinga
Summary
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74% Informative

Crown Electrokinetics Corp plans to construct and co-own a reverse osmosis (RO) water treatment plant in Cabo San Lucas , Mexico .

The company said the initiative has the potential to generate up to $40 million in recurring annual revenue.

The Baja Peninsula heavily relies on groundwater aquifers as a water source, many of which need to be more exploited.