Search This Blog

Tuesday, July 8, 2014

GE's Water Business to Acquire UK-Based Monsal; Expands Wastewater Offering and Provides Capabilities to Generate Renewable Energy from Biosolids and Biowaste

TREVOSE, PA.---July 1, 2014---GE (NYSE: GE) today announced that it has agreed to acquire Monsal, a private U.K.-based water, waste, advanced anaerobic digestion and integrated biogas-to-energy business.



With Monsal's advanced anaerobic digestion technology and industry knowledge, GE will be able to help municipalities and industrial manufacturers shift from disposing wastewater treatment byproducts to generating renewable energy and other value from their streams. The acquisition of Monsal will enhance GE's wastewater treatment product offerings and further GE's commitment to energy reduction in wastewater treatment. GE will use its global reach, as well as commercial and execution capability, to take Monsal's technology, integrate it with its own and proliferate it across the world.



GE's Water Business to Acquire UK-Based Monsal; Expands Wastewater Offering and Provides Capabilities to Generate Renewable Energy from Biosolids and Biowaste

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.