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Water Bills Could Drop as CREW Carbon Raises $25M

Wall Street Journal Markets •
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A Yale spinout has developed a way to cut water treatment costs so dramatically that it could save 2 million people in Virginia hundreds of dollars on their bills. CREW Carbon uses ground-up limestone to boost the efficiency of aging sewage plants, potentially eliminating the need for a $400 million upgrade. The technology recently proved itself at a test facility near Norfolk, Virginia.

Charles Bott, technology chief for Hampton Roads Sanitation District, which serves coastal Virginia, had been budgeting for expensive infrastructure improvements. Instead, he's now installing a larger version of CREW's system for about $2 million. The limestone-based solution not only reduces operating costs but also captures carbon dioxide that would otherwise escape from the treatment process.

CREW Carbon just raised $25 million to expand operations across the U.S. and Europe, where it already has 10 projects underway. The company's breakthrough demonstrates how environmental benefits can align with fiscal responsibility—helping utilities modernize without the massive capital outlays that typically strain public budgets.

For water districts nationwide facing similar upgrades, CREW Carbon offers a playbook for doing more with less—transforming waste management into a profit center.