Energy Recovery Awarded More Than $12M In Desalination Contracts In The United Arab Emirates; These Contracts Have Previously Been Reported In The Company's Financial Guidance

Benzinga · 10/17 13:04

Energy Recovery (NASDAQ:ERII) today announced contract awards totaling over $12 million for its PX® Pressure Exchanger® (PX) energy recovery devices for three seawater reverse osmosis (SWRO) desalination projects in the United Arab Emirates. The plants include capacity totaling close to 1 million cubic meters per day, and the orders are expected to ship by Q4 2024. These contracts have previously been reported in the company's financial guidance.