XPV Water Fund will invest in water technology companies seeking to take advantage of global water trends affecting municipal, industrial, agricultural, and commercial water users. XPV will focus on high growth companies and platform investments within their current areas of focus to include demand reduction, wastewater to product, wastewater re-use, infrastructure renewal, and desalination.
Stephen Poloz, senior vice-president, Financing, EDC said: “EDC’s investment in XPV’s Water Fund is intended to help build Canada’s next generation of companies in the water sector, whose services and products will be in high demand around the world as the need for freshwater continues to increase.”