Selling the right to withdraw water
- From: Vol 11, Issue 3 (March 2010)
- Category: Market insight
- Region: Americas
- Country: United States
- Related Companies: Arizona Department of Water Resources (ADWR)
Does an innovative twist in the ASR concept in Arizona point to a new market for private investors?
The town of Prescott Valley sits 150km north of Phoenix in Arizona. Over the last decade, the region’s population has grown by over 50% to reach 25,000, and expects to double in size over the next 20 years.
This places a strain on water resources, and property developers must obtain a certificate of assured water supply from the ...
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