Cadiz water conveyance project2/17/2024 In a second phase, the Project will also offer groundwater storage for imported surplus supplies allowing these supplies to be banked for future dry years. and Southern California water agencies that will use existing infrastructure, existing transportation corridors, private property and private capital to create a new water supply for up to 400,000 people a year by reducing a recurrent loss of groundwater to evaporation in California’s Mojave Desert. The Cadiz Water Project is an innovative public-private partnership between Cadiz Inc. and for highlighting our enduring commitment to sustainability as we continue our efforts to be part of the solution to California’s systemic water supply challenges.” “We are grateful for CG/LA’s efforts to shine a light on the need for bi-partisan and multi-disciplinary commitment to infrastructure in the U.S. Through our judicially validated public-private partnership and with support from labor and the disadvantaged communities we plan to serve, we believe we can help. ![]() “Reliable water can help communities provide for housing, jobs and economic opportunity where they are needed most. To solve this challenge it will take innovation, cooperation, and commitment to build, develop and sustain critical infrastructure to bring water from where it is to where it is needed. ![]() Unfortunately, in far too many communities we have fallen short. Scott Slater, CEO and President of Cadiz, accepted the award for the Company and stated: “Access to clean, reliable water is among the highest priorities for California and yet is difficult to attain. “Infrastructure projects change people’s lives and we remain committed to supporting transformational, innovative and sustainable projects like the Cadiz Water Conveyance Project that can help ignite our economy and create opportunity for all communities as we move beyond the COVID-19 pandemic,” said Norman Anderson Chairman and CEO of CG/LA Infrastructure, host of the Forum. The Infrastructure Project of the Year Awards, which are sponsored by Oracle Construction and Engineering, recognize projects identified for creating infrastructure opportunities via outstanding commitment across five categories: Job Creation, Sustainability/Green Infrastructure, Finance/Funding, Engineering, and Strategic (NASDAQ: CDZI) (“Cadiz”, the “Company”) is pleased to announce that the Cadiz Water Project, the Company’s public-private partnership with California water providers to deliver new water supplies and groundwater storage for Southern California, was recognized today by global infrastructure strategy organization CG/LA as the Sustainability/Green Infrastructure Project of the Year at the North American Infrastructure Leadership Forum held virtually from Washington D.C. The amount of water in that aquifer is about as much as Lake Mead, America’s largest reservoir.LOS ANGELES-( BUSINESS WIRE)- Cadiz Inc. It filters through cracks in bedrock and porous alluvial, finally ending up in a huge underground aquifer. Rain and snow that fall in the upper elevations works its way down and goes below the ground. The Fenner Valley and Orange Blossom Wash watersheds span approximately 1,300 square miles (approximately the size of the State of Rhode Island). The Project will be located at the base of a significant desert watershed in Cadiz, approximately 80 miles from Barstow, California. When the National Governors Association circulated a preliminary list of infrastructure projects in December, the Cadiz Valley water project was among them. Approximately 400,000 people a year could benefit by capturing and conserving water currently lost to evaporation in the eastern Mojave Desert. It is an innovative and new sustainable water source. and the Santa Margarita Water District, Orange County’s second-largest water agency. The Cadiz Water Project is a public-private partnership between Cadiz, Inc. ![]() The Cadiz Water Project may be just the thing. ![]() Southern California’s recent drought has brought to light the importance of finding sustainable water in this part of the state.
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