News & Updates

Welcome to the latest news and updates from the Mojave Groundwater Bank.

News

In this context, water is not just a resource – it’s survival. Yet for many, the human right to clean, affordable water remains out of reach. Geography and wealth too often determine who has access. Cadiz Inc., an innovative water solutions company, has a different vision: a future where water is accessible to everyone and delivered sustainably for generations to come.
California has never been a stranger to drought. But the kind of water stress we’re seeing today—prolonged dry spells punctuated by devastating floods and snowpacks that vanish before summer—is testing the limits of our aging infrastructure and historical assumptions about who gets water, and who doesn’t.
Under the terms of the LOA, the investor, a publicly traded company focused on investing in water infrastructure projects, will act as lead investor (the “Lead Investor”) in the newly formed MGSC, and will invest up to $175 million in the MGSC.

Updates

Under the terms of the LOA, the investor, a publicly traded company focused on investing in water infrastructure projects, will act as lead investor (the “Lead Investor”) in the newly formed MGSC, and will invest up to $175 million in the MGSC.

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