(LOS ANGELES, CA) –Today, Cadiz Inc. [NASDAQ:CDZI] (“Cadiz”, the “Company”) announced that the California State Senate set aside AB 1000 following a hearing of its Appropriations subcommittee. The Company issued the following statement: “Designed to block the Cadiz Water Project, AB 1000 (Friedman, D- Glendale) would...
We are disappointed that the California Legislature’s Senate Committee on Natural Resources voted yesterday on a party line 7-2 vote to pass out of committee Assembly Bill (AB) 1000, a bill just introduced by Assembly member Laura Friedman (D-Glendale) over the Independence Day holiday. Assembly...
Cadiz Water Project Will Safeguard Environment | Commentary by Courtney Degener SCVNEWS.COM | MONDAY, JUN 19, 2017 Last week, SCV News featured an opinion piece by Linda Castro of Santa Clarita about the Cadiz Valley Water Conservation, Recovery and Storage Project (“Protect the Groundwater Beneath Our National...
By California Water News Daily on June 15, 2017 The once common desert tortoise has had a rough road in the past 20 years and one California desert landowner has – and is – going above and beyond to ensure the well-being and conservation of the iconic desert...
http://www.sacbee.com/opinion/op-ed/soapbox/article154700299.html Sen. Feinstein should study the facts before rejecting Cadiz’s desert water project BY WINSTON H. HICKOX Special to The Bee, Soapbox While I was California Environmental Protection Agency secretary, Sen. Dianne Feinstein and I often worked collaboratively on important statewide water issues. That is why I found her...
LA Business Journal, 5-2-17 By Howard Fine With the Trump administration soon likely to approve its long-sought desert water storage and transmission project, Cadiz Inc. announced Tuesday it has arranged up to $255 million in construction financing from giant private equity firm Apollo Global Management. Cadiz signed agreements with...
Funds affiliated with Apollo will provide $60M of capital to repay Cadiz Senior Secured Mortgage Debt of $45M and to provide $15M in construction capital, and will also provide a conditional commitment for up to an additional $240M in construction financing May 2, 2017 (LOS ANGELES, CA)...
By Paul Granillo, Special to The Desert Sun (Op/Ed) April 26, 2017 Earlier this month, the Interior Department reversed course on a controversial policy that blocked the development of much needed infrastructure, water and jobs in Southern California, including the Cadiz Valley Water Conservation, Recovery & Storage...
California Water News Daily 4-8-17 The Cadiz Valley Water Conservation, Recovery and Storage Project in the Mojave Desert have received a major boost from the Trump administration this week with the Bureau of Land Management’s (BLM) removal of two agency instructional memoranda, or IMs, that formed the...
By ROBERT JABLON, Associated Press 4-5-17 LOS ANGELES (AP) — Reversing an Obama-era policy, the Trump administration is clearing a path for a private company to pump water from beneath the Mojave Desert and sell it in Southern California. The U.S. Bureau of Land Management previously ruled that...
