With DBO projects, we transfer the responsibility of multiple parties to a single entity, Gradiant, which promotes innovation and efficiency, leading to lower total water costs. The acquisitions of MPES and Advanced Watertek create an integrated platform for Gradiant to deliver best-in-class offerings into the Middle East. We will extend MPES's core expertise and resources in O&M services to Gradiant's existing and new facilities in the region, diversifying our revenue mix to a long-term recurring profile." Founded in 2008, MPES delivers turnkey solutions for wastewater and solid waste management and specializes in the O&M of water and wastewater treatment plants. The company is now one of Oman's leading wastewater management companies, with key clients including Haya Water, the Ministry of Defense, and Petroleum Development Oman.