Abu Dhabi’s Mubadala Investment Company has co-led a significant investment in NanoH2O, a South Korean cleantech firm specializing in advanced water treatment technology. The investment, made alongside Korea-based Glenwood Private Equity and other co-investors, marks a strategic push into sustainable solutions for global water security.
NanoH2O, which operated as LG Water Solutions under LG Chem until becoming an independent company this year, is a global leader in providing reverse osmosis membranes. This technology is critical for desalination and the treatment of brackish water, offering a highly energy-efficient alternative to traditional thermal processes.
A Strategic Move Into Water Security
The investment aligns with Mubadala’s broader strategy of partnering with companies that are developing innovative solutions to pressing global challenges. With over 95% of its revenue generated internationally, NanoH2O is well-positioned to address the increasing global demand for clean water.
Abdulla Mohamed Shadid, Head of Energy and Sustainability at Mubadala, highlighted the convergence of global priorities. “Water security and decarbonisation are converging as global priorities, and reverse osmosis membranes are essential to delivering water at scale with lower energy intensity,” he stated. “NanoH2O stands out for its proven technology, global footprint and a replacement-driven business model that rewards continuous innovation.”
Strengthening Ties With Asia
This transaction reinforces Mubadala’s long-standing commitment to South Korea and the wider Asian market, adding a key technology player to its diverse global portfolio.
“We have strong conviction in NanoH2O’s technology leadership and long-term growth potential. This investment aligns with our strategy to partner with companies advancing solutions to global challenges and reinforces our long-standing commitment to South Korea and the broader Asian market,” said Mohamed Albadr, Head of Asia at Mubadala.
The partnership with Glenwood PE is also a key component of the deal’s structure. Sangho Lee, CEO of Glenwood PE, commented, “We remain deeply committed to supporting NanoH2O in advancing sustainable solutions to global water challenges and accelerating the Company’s growth and global impact together with our investment partners, including Mubadala.”
Tapping MENA’s Growing Demand
A crucial aspect of Mubadala’s involvement is the potential to connect NanoH2O’s cutting-edge technology with the rapidly growing demand for water solutions in the MENA region and other key markets.
“Our investment will support NanoH2O in connecting with growing demand in the MENA region and other key markets globally, and we look forward to contributing to the Company’s expansion and long-term sustainable value creation,” added Shadid.
About NanoH2O
NanoH2O Co., Ltd., formerly a division of LG Chem established in 2014, is a leading global provider of reverse osmosis membranes for desalination and water treatment. Headquartered in Seoul, Korea, the company serves a diverse range of municipal and industrial customers worldwide. Its technology is recognized as one of the most energy-efficient methods for large-scale desalination.
Source: Wamda
