ITOCHU completed the investment in UON.

ITOCHU, a textile business corporation, completed the investment in UON, a supplier of integrated energy and water solutions to industrial and mining clients. Financial terms were not disclosed. “For more than 20 years we have been continually innovating and improving SMART ENERGY SOLUTIONS to support our clients. Through smarter and more reliable on and off-grid energy and water management solutions, we are assisting our clients with this energy transition. UON and its SMART energy road map for all energy applications, is helping integrate renewable and decarbonising technologies, and ultimately delivering operational and capital savings. With ITOCHU, UON will expand its delivery of SMART solutions to support clients in their decarbonisation journeys and reduce operational costs," Mark Keogh, UON Founder and Executive Chairman.