Groupe OKwind Signs a Strategic Partnership with OSMOSUN® in the Water Treatment Market and Brackish-water Desalination
08 Giugno 2023 - 8:36AM
Business Wire
- Development of technological and commercial synergies in the
water treatment market and brackish-water desalination
- Investment by Groupe OKwind in OSMOSUN® through a
convertible bond subscription
Regulatory News:
Groupe OKwind (FR0013439627 - ALOKW), which is
specialized in the design, manufacture and sale of intelligent
renewable energy generation and management systems dedicated to
self-consumption, announces the signature of a technical,
commercial and financial collaboration agreement with OSMOSUN®,
French player in water treatment, specializing in low-carbon
desalination solutions powered by solar energy.
OSMOSUN® is the world's only player capable of producing
drinking water using a patented reverse osmosis process powered
directly by photovoltaic solar energy, without the need for
batteries, while limiting the impact of brine discharge.
This collaboration agreement aims to develop an offer combining
Groupe OKwind’s short channel green energy production and
consumption solutions with OSMOSUN's solar-powered seawater and
brackish water desalination technology®.
Groupe OKwind does not hold any OSMOSUN® shares at the date of
approval of its Registration Document. 750 convertible bonds held
by Groupe OKwind will be automatically converted into new shares as
part of the offering to be launched by OSMOSUN® at the time of its
IPO, it being specified that Groupe OKwind has also undertaken to
subscribe for additional new shares at that time at a total
subscription price of €750,000.
It is also indicated that Groupe OKwind is joining the Board of
Directors of OSMOSUN® represented by Louis Maurice.
About OSMOSUN®
Founded in 2014, OSMOSUN's ambition is to become a key player in
the "low-carbon" water market in order to make drinking water
accessible to all. OSMOSUN has developed a unique, cost-effective,
clean, and sustainable patented seawater and brackish water
desalination solution that runs on solar energy and no batteries.
This innovation makes OSMOSUN's units among the most
energy-efficient and economically competitive. As of December 31,
2022, 59 desalination units had been sold in 27 countries. In 2022,
the Group recorded sales of €4.6 million.
About Groupe OKwind
Founded in 2009 by Louis Maurice, Chairman and CEO, Groupe
OKwind develops solutions for the production and consumption of
green energy in short supply chains. Our comprehensive approach,
combining energy generation and management, aims to strengthen
energy autonomy and thus accelerate the ecological transition.
Thanks to its unique technological ecosystem, Groupe OKwind enables
self-consumption to assert itself as a new avenue for energy. A
solution that can be quickly deployed, managed in real time and at
a competitive price, without subsidies. Every day, we work to
deploy local, low-carbon, fixed-cost energy for professionals and
individuals. In 2022, Groupe OKwind generated consolidated revenues
of €41.8 million and today has 164 employees, with more than 3,280
installations throughout France.
For more information: www.okwind.fr
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version on businesswire.com: https://www.businesswire.com/news/home/20230608005365/en/
Groupe OKwind Investor Relations investors@okwind.com
NewCap Mathilde Bohin / Thomas Grojean Investor Relations
okwind@newcap.eu T.: +33 (0)1 44 71 94 94
NewCap Nicolas Merigeau Media Relations okwind@newcap.eu
T.: +33 (0)1 44 71 94 98
Grafico Azioni Groupe Okwind (EU:ALOKW)
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