News
05 March 2025

Cadiz enters LOA for Mojave Groundwater Storage project

In:
Waste and water
Region:
Americas

Cadiz, Inc. (CDZI) has entered into a Letter of Agreement (LOA) with a lead investor to invest up to $175 million in the Mojave Groundwater Storage Company (MGSC).MGSC is a new entity established by Cadiz for purposes of construction, ownership, and operation of its groundwater banking project in...

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