Crown announces plans to build and co-own reverse osmosis plant in mexico to desalinate water collected from slant wells

In partnership with mexico's 529 capital, a leading real estate development firm from the baja peninsula expected to produce up to an estimated $40 million in recurring annual revenue los angeles, dec. 09, 2024 (globe newswire) -- crown electrokinetics corp. (nasdaq: crkn) ("crown" or the "company”), a leading provider of innovative technology infrastructure solutions that benefit communities and the environment, today announced that its water solutions division plans to construct and co-own a state-of-the-art reverse osmosis (ro) water treatment plant in cabo san lucas, mexico for the desalination of water collected from its proprietary design slant wells. the new ro plant will be built and owned in partnership with locally based, 529 capital, a leading real estate development firm in the baja peninsula.
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