Unlock Private Capital for Water Infrastructure Without Raising Rates
A new financing layer for utilities that need to do more with constrained budgets.
THE CHALLENGE
The funding gap in U.S. water infrastructure runs to tens of billions of dollars annually.
Water infrastructure is aging. Repair backlogs are growing. And most utilities face the same impossible choice: raise rates, wait for public funding, or defer the work. Less than 2% of water projects are privately financed, not because private capital isn’t interested, but because the instruments to connect that capital to water projects haven’t existed.
Non-revenue water alone, the water treated and pumped but lost before it reaches a customer, represents roughly 30% of municipal supply in many systems. Every lost gallon wastes treatment energy, increases emissions, and strains a watershed that’s already under pressure.
THE BLU DIAMOND SOLUTION
Blu Diamond creates a new revenue stream for water utilities.
Blu Diamond converts verified water savings from your projects into Blu Diamond Water Certificates sold to industrial water users and institutional buyers. The result is non-dilutive, private capital that reaches your project without raising rates, taking on debt, or waiting years for public funding.
Eligible project types include non-revenue water leak repairs, wastewater reuse upgrades, aquifer recharge, and direct potable reuse. The Cumulus digital monitoring platform provides the continuous, deterministic measurement that makes certificates investable.
WHY BLU DIAMOND
• Non-dilutive financing: Access upfront project capital without surrendering ownership, issuing new debt, or increasing utility rates.
• Faster project delivery: Private certificate buyers provide committed capital that doesn’t depend on municipal budget cycles or federal grant timelines.
• Deterministic MRV: The Cumulus platform provides continuous metering and third-party verification, meeting institutional investor standards.
• Insurance-backed credibility: Investment-grade insurance underwrites the delivery of certified water outcomes, making your project more attractive to buyers.
• Community impact: Projects funded through Blu Diamond deliver real, local watershed benefits that utilities can point to directly.
HOW IT WORKS
1 Certify: Your project is evaluated and certified against the Blu Diamond Water Standard using deterministic measurement.
2 Activate: Certificates are issued and sold to buyers, providing upfront capital for your project.
3 Realize: Verified water savings are recorded in the Blu Diamond Registry, with insurance backstopping delivery.