regulatory
confidence high
sentiment positive
materiality 0.60
Cadiz receives BLM approval for Northern Pipeline right-of-way assignment
CADIZ INC
- BLM final decision approves assignment of 30-year MLA ROW grant from El Paso Natural Gas to Cadiz for Northern Pipeline.
- Approval clears title for 220-mile pipeline, enabling financing and project development.
- Pipeline to transport water for Cadiz Water Conservation Project and convert wellfield to solar-gas microgrids.
- Pipeline purchased from EPNG in 2020; assignment subject to BLM approval now completed.