In the News

June 18, 2008

Energy Recovery (ERII) Sees IPO Price of $7-$9

Energy Recovery (Nasdaq: ERII) has filed an amended registration statement with the SEC for an initial public offering of its common stock. The Company is offering 14,000,000 shares and expects the offering price to be between $7-$9 per share. The Company plans to list on the NASDAQ under the symbol "ERII".

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June 7, 2008

Case History - Tapping the Oceans

Environmental technology: Desalination turns salty water into fresh water. As concern over water's scarcity grows, can it offer a quick technological fix?

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June 6, 2008

California's drought could mean water boom, say experts

This week's state-issued drought could attract more interest to an already booming market.
While "drought" is not the kind of word that people generally enjoy hearing, especially when it’s coupled with "statewide" and "catastrophic," California's drought has the potential of turning bad into good, say industry experts.

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May 20, 2008

Energy Recovery taps into water purification market

Alchemy refers to a medieval science that turns metals into gold. As our planet depletes natural resources at a frantic pace, one brand of alchemy that will become critical to humanity's survival is technology that turns sea water into drinking water.

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May 2, 2008

Desalination company Energy Recovery Inc. plans IPO

Looking to capitalize on the world's ever-increasing thirst for fresh water, desalination equipment supplier Energy Recovery Inc. last month filed to raise as much as $175 million in an initial public offering to expand its business in a fast-growing segment of the global water desalination industry.

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May 1, 2008

Water Desalination Makes Seawater Palatable

ERI’s technology makes desalination affordable
San Leandro based Energy Recovery Inc. (ERI), founded in 1992, has developed a method to make water desalination simpler and far more affordable – in some cases, less than $2 for every 1,000 gallons.

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April 13, 2008

RPT-IPO VIEW-Can a water stock weather the IPO dry spell?

Energy Recovery Inc, a water purification equipment maker, has filed to go public, and the issue could see solid demand since it gives certain niche investors a new asset to chase and the company looks insulated from an economic downturn.

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April 8, 2008

IPO Filing: Energy Recovery Inc.; A Desalination Play (ERII)

Energy Recovery has applied to take the ticker "ERII" on NASDAQ. Citigroup and Credit Suisse were listed as joint book-runners or co-leads on it.

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March 29, 2008

Water's Slippery Seduction

Only a trickle of other water-related companies have recently gone public. Among the next IPOs: American Water Works Co., which could become the biggest publicly traded water utility in the U.S., and Energy Recovery Inc., a desalination-technology firm.

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January 17, 2008

Water, Water, Everywhere...

Seeking Fresh Sources, California Turns To the Salty Pacific, But Desalination Plants Face Criticism on Environment, Costs