Welcome to our dedicated page for Cadiz news (Ticker: CDZI), a resource for investors and traders seeking the latest updates and insights on Cadiz stock.
Cadiz, Inc. (NASDAQ: CDZI) is a California water solutions company active in water supply, storage, pipeline infrastructure and treatment, and its news flow reflects progress across these areas. Company announcements frequently cover milestones for the Mojave Groundwater Bank in the eastern Mojave Desert, including project financing arrangements, regulatory steps for converting existing pipelines to water conveyance and collaborations with public agencies and tribal partners.
Investors following CDZI news will see updates on agreements such as the unsecured term loan and investment framework with Lytton Rancheria of California, which provides the first tranche of capital for the Mojave Groundwater Bank, as well as memoranda of understanding with entities like EPCOR and the U.S. Bureau of Reclamation. These items highlight how Cadiz is positioning its groundwater banking and pipeline assets within regional water management strategies for Southern California and the Lower Colorado River Basin.
Cadiz news also covers developments at its ATEC Water Systems subsidiary, including deployment of specialized filtration systems to treat perchlorate contamination in the Rialto-Colton Groundwater Basin under a partnership with San Bernardino Valley Municipal Water District and Fontana Water Company. Additional releases describe clean energy and hydrogen-related memoranda of understanding at Cadiz Ranch, preferred stock dividend declarations, and participation in investor conferences and public television segments discussing climate change and water infrastructure.
This news page aggregates these updates in one place, allowing readers to track Cadiz’s project milestones, financing activities, water treatment projects and outreach to investors and stakeholders over time.
Cadiz Inc. (NASDAQ: CDZI) announced its participation in the B. Riley Securities 25th Annual Investor Conference taking place at the Ritz-Carlton, Marina Del Rey on May 21-22, 2025. The company's management will conduct one-on-one meetings with investors on May 21st and plans to post an updated investor presentation on their website following the conference.
Cadiz, founded in 1983, is a California water solutions company with significant assets including 45,000 acres of land, 2.5 million acre-feet of water supply, 220 miles of pipeline infrastructure, and water treatment filtration technology. The company focuses on providing clean, reliable, and affordable water solutions to address climate change impacts on water access.
Cadiz Inc. (NASDAQ: CDZI), a California water solutions company, has announced a quarterly dividend declaration for Q1 2025 on its 8.875% Series A Cumulative Perpetual Preferred Stock. Shareholders will receive $550.00 per whole share, while holders of depositary shares (NASDAQ: CDZIP) will receive $0.55 per depositary share. The dividend payment is scheduled for April 15, 2025, with a record date of April 4, 2025.
The company, founded in 1983, specializes in water supply, storage, pipeline, and treatment solutions. Cadiz maintains 45,000 acres of land in California, manages 2.5 million acre-feet of water supply, and operates 220 miles of pipeline assets, utilizing cost-effective water treatment filtration technology to address climate change impacts on clean water access.
Cadiz Inc (NASDAQ: CDZI) announced its participation in the 37th Annual ROTH Conference from March 16-18, 2025, at the Laguna Cliffs Marriott Resort in Dana Point, CA. Chairman and CEO Susan Kennedy will join a Water Infrastructure Panel on March 17 at 3:00pm PT, moderated by ROTH Sr. Research Analyst Gerard Sweeney.
The conference will feature approximately 450 private and public companies through one-on-one meetings, analyst-led discussions, and panel sessions across various growth sectors. Cadiz, founded in 1983, is a California water solutions company with significant assets including:
- 45,000 acres of California land
- 2.5 million acre-feet of water supply
- 220 miles of pipeline assets
- Advanced water treatment filtration technology
Cadiz Inc. (NASDAQ: CDZI), a California water solutions company, has announced a $20 million registered direct offering of 5,715,000 common stock shares at $3.50 per share. The offering is expected to close with institutional investors around March 10, 2025.
The net proceeds will fund the development of the Mojave Groundwater Bank project, including equipment and materials for northern/southern pipeline construction starting in 2025. Funds will also support wellfield infrastructure, business development, capital expenditures, and general corporate purposes.
The company expects reimbursement of project-related expenses through Mojave Groundwater Storage Company, (MGSC), a new entity established for the project's construction, ownership, and operation. Roth Capital Partners, serves as the exclusive placement agent for this offering.
Cadiz Inc. (NASDAQ: CDZI) has signed a Letter of Agreement (LOA) with a lead investor for an investment of up to $175 million in the Mojave Groundwater Storage Company, (MGSC), a new entity for the Mojave Groundwater Bank project. The lead investor, a publicly traded water infrastructure-focused company, joins previously announced tribal investors, with total expected equity capital reaching $401 million.
Under the agreement, Cadiz will transfer significant assets to MGSC, including the Northern Pipeline, Southern Pipeline right of way, and 51% of water storage rights. In return, MGSC will pay Cadiz $51 million and provide up to $350 million for development and construction. Cadiz retains 49% of water storage rights and all water supply purchase contracts.
Through East Mojave Water Company, (EMWC), MGSC investors will receive priority distributions with a 7.5% annual yield. The agreement remains non-binding until definitive agreements are executed and shareholder approval is obtained.
Cadiz Inc. (NASDAQ: CDZI) has partnered with Stantec Inc. (NYSE: STN) to oversee the development and construction of the $800M Mojave Groundwater Bank project, set to be the Southwest's largest new water infrastructure project. The project will provide:
- 2.5 million acre-feet of new water supply
- 1 million acre-feet of underground storage capacity
- 350+ miles of pipeline network between Colorado River and California Aqueducts
Located at a 2,000 square mile watershed system base, the aquifer system currently holds 30-50 million acre-feet of groundwater. At the end of 2024, Cadiz announced a historic partnership with Native American Tribes to construct, own, and operate the project, marking the first large-scale water infrastructure project off tribal lands in U.S. history.
Cadiz Inc. (NASDAQ: CDZI), a California water solutions company, has scheduled a quarterly Corporate Update Call for investors on January 22, 2025, at 11:00am ET. Chairman and CEO Susan Kennedy will present the company's 2024 milestone achievements and outline 2025 objectives.
Investors and analysts can submit questions in advance until 5:00pm ET on January 21, 2025, via CDZI@mzgroup.us. The call will be accessible through both domestic (1-877-407-0779) and international (1-201-389-0914) dial-in numbers, with a webcast option available on the company's investor relations website.
Founded in 1983, Cadiz operates with 45,000 acres of California land, 2.5 million acre-feet of water supply, 220 miles of pipeline assets, and specialized water treatment filtration technology, focusing on providing clean, reliable, and affordable water solutions to address climate change impacts.