Bawat and Damen signs Term Sheet to establish joint venture for mobile Ballast Water Management Systems – InvaSave powered by Bawat hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Damen gets funding to lease mobile BWTS in emerging markets
Climate Investor Two (CI2) has approved an investment that could amount to
€24.5 million (about $29.3 million) to support the lease of Damen portable ballast water treatment (BWT) solution InvaSave to clients in Africa, Asia, and Latin America.
CI2 is a financing facility mandated to invest in water, sanitation and ocean infrastructure projects in emerging economies.
It is supported by the EU and the Dutch Fund for Climate and Development (DFCD). The consortium that manages the €160-million DFCD also includes World Wide Fund for Nature Netherlands (WWF-NL), Netherlands Development Organisation (SNV), and Dutch entrepreneurial development bank FMO.