regulatory
confidence high
sentiment positive
materiality 0.70
Cadiz Signs MOU with U.S. Bureau of Reclamation for Colorado River Water Augmentation Study
CADIZ INC
- Cadiz, Fenner Valley Water Authority, and Fenner Gap Mutual Water Company entered into MOU with U.S. Bureau of Reclamation on Sept 25, 2025.
- MOU aims to study using Mojave Groundwater Bank to augment Colorado River water supplies via exchange or delivery to Lake Mead.
- Collaboration will share data, tools, and research on aquifer storage and non-tributary conserved water for Lower Colorado River Basin.
- MOU is non-binding, five-year term with auto-renewal, and parties will finalize scope and cost-sharing agreement.
- Project addresses drought conditions and declining reservoir levels in Southern California and Lower Colorado River Basin.
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