Envirogen Technologies raises $50 million for treatment projects

Envirogen Technologies, Inc. (Kingwood, TX) and parent company Amplio Filtration have reached an agreement with an undisclosed investor whereby Envirogen will receive $50 million in financing to support the deployment of municipal and industrial environmental treatment projects using Envirogen technologies. In the municipal arena, projects will include drinking-water treatment, wastewater treatment, and groundwater remediation addressing both organic and inorganic contaminants. In the industrial sector, projects will include groundwater and wastewater treatment as well as process improvement projects that have an environmental component, such as the recovery of materials from process or waste streams for use as recycled materials.