Cadiz signs MOU to supply up to 10,000 acre-feet a year of water to Arizona’s CAIDD
PUBT · 1d ago
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- Cadiz signed an MOU with Central Arizona Irrigation and Drainage District for up to 10,000 acre-feet per year from its Mojave Groundwater Bank.
- Deal targets a 50-year initial term with renewal options, contingent on off-take agreements, exchange approvals, pipeline construction.
- Proposed pricing: USD 850 per acre-foot-year in 2025 dollars, separate operations, maintenance, power, capital charges.
- Structure envisions an interstate exchange using Colorado River water, pending review of legal, operational requirements under the Law of the River.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cadiz Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607021336PR_NEWS_USPR_____LA97123) on July 02, 2026, and is solely responsible for the information contained therein.
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