---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-055863"
form_type: "8-K"
ticker: "CDZI"
cik: "0000727273"
company_name: "CADIZ INC"
filed_at: "2025-06-20T23:59:59+00:00"
generated_at: "2026-05-19T02:09:01.895962+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cadiz signs MOU with Hoku Energy for clean energy campus on 10,000+ acres; expects $7-10M/yr revenue

## Summary
- Non-binding MOU grants Hoku Energy three-year exclusive option to develop renewable power, green hydrogen, and data center on Cadiz Ranch in Mojave Desert.
- Expected annual revenue from land lease ($7.2M initial rent on 10,000 acres) and water sales ($1.8M-$3.4M for 2,000-4,000 acre-feet) totals $7-10M.
- Follows 2024 deal with RIC Energy for green hydrogen; together position Cadiz Ranch as a major clean energy campus.
- Hoku will pay $50,000 annual option fee during the three-year period and cover permitting, feasibility, and capital costs.
- Cadiz reserves 400 acres for commercial development including potential data center; Hoku gets right of first refusal to supply power.

## SEC filing metadata
- accession: 0001213900-25-055863
- form_type: 8-K
- ticker: CDZI
- cik: 0000727273
- company_name: CADIZ INC
- filed_at: 2025-06-20T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/727273/000121390025055863/0001213900-25-055863-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/727273/000121390025055863/ea0246316-8k_cadiz.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-055863
- JSON: https://secwatch.observer/filing/0001213900-25-055863.json
- Plain text: https://secwatch.observer/filing/0001213900-25-055863.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.