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Energy Recovery

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Energy Recovery Inc
Company typePublic (NASDAQ:ERII)
Founded1994
HeadquartersSan Leandro, CA,
San Leandro, California
,
Number of locations
4 (San Leandro, CA;Shanghai, China;Madrid, Spain; Dubai, UAE) as of 2012-03-16
Area served
Worldwide

Energy Recovery Inc. (ERI) is a US public company since 2008, trading under the NASDAQ stock exchange symbol: ERII. The company was incorporated and founded in the USA in 1994. In December 2009, ERI completed its acquisition of Pump Engineering, LLC (PEI).

Hans Peter Michelet who has been in the Board of Energy Recovery since 1995 is currently chairman of the board of directors. Tom Rooney has been the President and CEO since 2011.

Company Data

ERI designs and develops energy recovery devices that help make industrial processes more profitable by significantly reducing energy consumption. Energy Recovery technologies include the highly efficient, PX Pressure Exchanger™ (PX™) device for desalination, the Turbocharger hydraulic turbine energy recovery devices, and high pressure pumps for desalination, oil&gas and other industrial processing applications.

In total, Energy Recovery helps save its clients more than $1 billion per year in energy costs. There are more than 12,000 devices installed in some of the largest desalination plants around the world, helping to produce more than 6 million cubic meters per day of fresh water per year. The company is headquartered in the San Francisco Bay Area with offices in Madrid, Shanghai and Dubai. For more information about Energy Recovery Inc, please visit www.energyrecovery.com.

ERI technology is protected by numerous U.S. and international patents, as well as many trademarks.

Desalination Capabilities

ERI designs and manufactures energy recovery devices, high pressure pumps and circulation pumps primarily for use in desalination plants that use reverse osmosis (RO) technology. ERI energy recovery technologies reduce plant operations costs by capturing and reusing the otherwise lost pressure energy from the concentrated seawater reject stream of the desalination process at up to 98% efficiency.

Use of high efficienty, energy recovery technologies, such as the PX device can reduce energy consumption by up to 60% compared to desalination without energy recovery. Our pumps are custom-designed for high efficiency and complement the operation of our energy recovery devices. Our turbochargers are also used to save energy in brackish water desalination and gas processing applications.

With more than 12,000 devices currently on the market, ERI is helping to save 10 billion kilowatt hours of energy per year. To see how it all works, please visit www.energyrecovery.com.

Key Projects

• Barcelona, Spain: 200,000 m3/day (52 MGD) • Al Shuiabah, Saudi Arabia: 150,000 m3/d (40 M) • Perth, Australia: 143,000 m3/day ( 37 MGD) • Chennai, India: 100,000 m3/d (26 MGD) • Tianjin, China: 100,000 m3/day (26 MGD) • Trekkopje Uranium Mine, Namibia: 63,000 m3/day (16 MGD) • Newabaa, Egypt: 10,000 m3/day (2 MGD)

Key Desalination Staff

Borja Blanco - Vice President, Sales: +1 (510) 306-3600 Audrey Bold – VP, Marketing: +1 (510) 483-7370 Imad Al Sharif – VP, OEM Projects Group: +966 1 497 3034 Rodney Clemente- VP, Service

Corporate Address

Energy Recovery Inc 1717 Doolittle Drive San Leandro, California USA 94577 Telephone: +1 (510) 483-7370 Fax: +1 (510) 483-7371 www.energyrecovery.com

References

[Global Market for Seawater and Brackish Water Desalination Plants Slated for High Growth Through 2012 ]ERI and PX Pressure Exchanger History
2008 Inc 500 Fastest Growing Companies, Ranked No. 4 in the Top 50 Environmental Services Companies, Ranked No. 17 in the Top 100 Businesses in San Francisco-Oakland-Fremont, CA
PX Pressure Exchanger Finalist - Pump Industry Awards 2008
Hans Peter Michelet - Executive Chairman of the Board of Directors
Energy Recovery Inc., of San Leandro, California, is named EX-IM Bank's Environmental Exporter of the Year
[1] Energy Recovery discloses expected IPO terms
Energy Recovery registers for IPO
Energy Recovery Inc., MSN Money
Energy Recovery Inc., Inc5000
World Business Review - Energy Recovery, Inc.
Energy Recovery Files IPO for Desalination
http://ggpique.blogspot.com/
http://www.energyrecovery.com/company/GG_Pique.php
http://www.idadesal.org/t-board_063.aspx
http://www.economist.com/search/displaystory.cfm?story_id=11484059 http://eastbay.bizjournals.com/eastbay/stories/2008/05/05/story2.html?b=1209960000^16300134 http://www.sec.gov/Archives/edgar/data/1421517/000095013408010930/f38510a2sv1za.htm http://www.globalwaterawards.com/2007/ http://www.energyrecovery.com/news/documents/SidLoebAwardPR6-2FINAL.pdf