Upwell Water Spins Out TurnClear with Funding from Nuveen for Treatment-as-a-Service Expansion
Upwell Water has spun out its decentralized water and wastewater treatment business into TurnClear, a new entity. This move is supported by institutional funding from Nuveen, which manages $1.4 trillion in assets, aimed at scaling the treatment-as-a-service platform for commercial and industrial markets.
Theia Market Signal Identification - AI AssistedPublished Feb 7, 2026
Upwell Water has separated its decentralized water and wastewater treatment-as-a-service business into a new entity named TurnClear. This spinout is backed by significant investment from Nuveen, a global investment manager with $1.4 trillion in assets under management. The funding aims to accelerate TurnClear's growth in providing water and wastewater treatment solutions tailored for the commercial and industrial sectors.
Comments