Cadiz Signs LOI with City of Hesperia for Water Supply
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 / CDZIP) (“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.