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Stock impact report

Cadiz Announces Water Supply Agreement with Solstra Communities to Support Bold Attainable Housing in Santa Barbara County [Yahoo! Finance]

Cadiz, Inc. (CDZI) 
Last cadiz, inc. earnings: 11/8 05:19 pm Check Earnings Report
US:NASDAQ Investor Relations: cadizinc.com/investor-relations
Company Research Source: Yahoo! Finance
LOS ANGELES April 24, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP, the "Company") announced today that the Company and Fenner Gap Mutual Water Company ("Fenner Gap") signed a water supply agreement with Solstra Communities California LLC ("Solstra") for delivery of 1,275 acre-feet per year of water from the Cadiz Water Supply and Storage Project to support development of more than 4,000 homes for military and working families along the Central California coast. Today's announcement is the first time Cadiz has contracted with a housing developer for water supply. Water supply from Cadiz will be delivered through exchanges of water with regional water contractors utilizing the Company's Northern Pipeline, a 220-mile natural gas pipeline originally built to transport oil from the California coast to Texas oil refineries. The water supply agreement announced today ("Solstra Agreement") follows execution of three additional water supply agreements entered since the beginning Show less Read more
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