Seoul: Mubadala Investment Company and Glenwood Private Equity, a Korea-based investment firm, along with other co-investors, have completed their co-investment in NanoH2O Co., Ltd. All necessary closing conditions and regulatory approvals have been satisfied. According to Emirates News Agency, NanoH2O, previously known as LG Water Solutions, was initially established as a division of LG Chem in 2014 and became an independent entity earlier this year. The company, headquartered in Seoul, Korea, is a prominent global provider of reverse osmosis membranes for desalination and brackish water treatment, which are recognized as the most energy-efficient methods for large-scale desalination. Generating over 95% of its revenue from international markets, NanoH2O services a broad spectrum of municipal and industrial clients worldwide, meeting the increasing global demand for clean water. Mohamed Albadr, Head of Asia at Mubadala, emphasized the strategic alignment of this investment with the company's goals, highlig hting the partnership's potential to support NanoH2O's international growth and solidify its position as a global leader. Abdulla Mohamed Shadid, Head of Energy and Sustainability at Mubadala, noted the convergence of water security and decarbonization as global priorities, acknowledging the essential role of reverse osmosis membranes in delivering water with reduced energy consumption. He expressed confidence in NanoH2O's proven technology and global reach, and the investment's role in meeting demand in the MENA region and other key markets. Sangho Lee, CEO of Glenwood PE, reiterated the firm's commitment to identifying high-quality businesses through corporate carve-outs and supporting NanoH2O's sustainable solutions to global water challenges. He expressed the firm's dedication to accelerating the company's growth and global impact alongside investment partners like Mubadala.