GEM Global Yield to invest $110m in Aquaback Technologies.

GEM Global Yield, the Luxembourg based private alternative investment group, agreed to invest $110m in Aquaback Technologies, a private company having reliably safe and highly effective patented wastewater treatment capabilities. "We believe that this agreement with GEM provides an attractive alternative to secure growth funding that will be needed to rapidly deploy integrated wastewater, stormwater and potable water solutions to a broad range of industrial, commercial and residential customers," Scott C. Newquist, Aquaback President.