United Water Corporation (UW) Raises US$5M in Series B Financing

United Water Corporation (UW), an owner and operator of water supply and waste water treatment utilities in China, received US$5m in a Series B financing round.

The investment was led by Infinity I-China, a China-Israel RMB fund, whose involvement is also intended to create opportunities in the Chinese market for Israeli water clean tech technologies, Existing UW investor Blue Ridge China Partners L.P. also participated in the round.

United Water was established in 2003 with the aim to acquire water utilities being privatized in China. Currently it owns and operates four major water utilities located in Suqian City (Jiangsu province), Tongxiang (Zhejiang province), Suizhou (Hubei Province) and Xianning (Hubei Province).

The financing will be used to merge new water facilities.



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