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Cadiz Signs LOI To Provide 75K Acre-Feet Of Water Supply To The City Of Hesperia

Benzinga ·  Jun 10 20:36

75,000 acre-feet of water supply will support sustainable growth and groundwater recharge in the Mojave River Basin.

LOS ANGELES and HESPERIA, Calif., June 10, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI) ("Cadiz" or the "Company"), announced that on June 5th the Company signed a Letter of Intent ("LOI") to provide 75,000 acre-feet of water supply to the City of Hesperia as part of the Company's commitment to the "One Water" Initiative in San Bernardino County's Mojave River Basin.

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