Cadiz water project inches forward

A series of agreements signed at the end of June resulted in cautious optimism that Cadiz’ water resources may finally find a home. The question of how to convey the water to major urban areas is still unresolved.


Cadiz Inc., the Nasdaq-listed water resources company, has taken a significant step towards implementing its Cadiz Water Conservation and Storage Project, signing option and cost-sharing agreements with three Southern California water utilities at the end of June.

The company’s stock rose 9% after it announced that it had signed agreements that give Santa Margarita Water District, Golden State Water ...

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