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Upwell Water Spins Out TurnClear with Funding from Nuveen for Treatment-as-a-Service Expansion

WATER INFRASTRUCTURE & DESALINATION

Upwell Water has spun out its decentralized water and wastewater treatment business into TurnClear, a new entity. This move is supported by institutional funding from Nuveen, which manages $1.4 trillion in assets, aimed at scaling the treatment-as-a-service platform for commercial and industrial markets.

Upwell Water Spins Out TurnClear with Funding from Nuveen for Treatment-as-a-Service Expansion

Feb 7, 2026, 6:00 AM

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