OTTAWA, March 2 /CNW Telbec/ - Export Development Canada (EDC) today announced up to USD 10 million in equity commitments to XPV Water Fund Limited Partnership (the Fund), which is a Canadian venture capital fund of up to USD 150 million focused on growth investments in the water sector, an area of significant growth potential for Canada.

"EDC's investment in XPV's Water Fund is intended to help build Canada's next generation of companies in the water sector, whose services and products will be in high demand around the world as the need for freshwater continues to increase," said Stephen Poloz, Senior Vice-President, Financing, EDC.

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