H2O Innovation expands blue loan for capex investment

Chicago, July 13 – H2O Innovation Inc. increased its blue loan credit facility by C$10 million, to bring it to C$75 million, according to a press release.

The increase was the result of an agreement with National Bank of Canada.

The company needed the additional funds to launch its mobile fleet of water and wastewater treatment systems and secure three new leasing contracts, requiring a capex investment.

H2O Innovation is a Quebec-based complete water solutions company.

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