San Bernardino Valley, Fontana Water Company and Cadiz Sign Agreement for Perchlorate Treatment in Cactus Basins
Cadiz Inc. (NASDAQ: CDZI) has formed a strategic partnership with San Bernardino Valley Municipal Water District and Fontana Water Company (FWC) to address perchlorate contamination in the Rialto-Colton Groundwater Basin. Through its subsidiary ATEC Water Systems, Cadiz will provide specialized water filtration systems to FWC as part of the Cactus Basins Recharge Program.
The initiative is tied to a 200,000 acre-foot water supply agreement between FWC and Cadiz signed in 2024. The program aims to enhance groundwater replenishment and improve water quality in San Bernardino County, supporting the region's efforts to reduce dependence on imported State Water Project water and improve drought resilience.
The partnership represents a significant step in addressing water security challenges in San Bernardino County through a coordinated approach to water infrastructure investment, focusing on local water reuse, groundwater recharge, and contamination cleanup.
Cadiz Inc. (NASDAQ: CDZI) ha siglato una partnership strategica con la San Bernardino Valley Municipal Water District e la Fontana Water Company (FWC) per affrontare la contaminazione da perclorato nel bacino acquifero Rialto-Colton. Tramite la sua controllata ATEC Water Systems, Cadiz fornirà a FWC sistemi specializzati di filtrazione dell'acqua nell'ambito del Cactus Basins Recharge Program.
L'iniziativa è collegata a un accordo di fornitura idrica di 200.000 acre-foot tra FWC e Cadiz firmato nel 2024. Il programma mira a incrementare il rifornimento delle falde e a migliorare la qualità dell'acqua nella contea di San Bernardino, sostenendo gli sforzi locali per ridurre la dipendenza dall'acqua importata dal State Water Project e aumentare la resilienza alla siccità.
La partnership rappresenta un passo rilevante per affrontare le sfide della sicurezza idrica nella contea di San Bernardino mediante un approccio coordinato agli investimenti nelle infrastrutture idriche, con focus sul riutilizzo locale dell'acqua, la ricarica delle falde e la bonifica delle contaminazioni.
Cadiz Inc. (NASDAQ: CDZI) ha establecido una asociación estratégica con el San Bernardino Valley Municipal Water District y Fontana Water Company (FWC) para abordar la contaminación por perclorato en la cuenca de agua subterránea Rialto-Colton. A través de su subsidiaria ATEC Water Systems, Cadiz suministrará a FWC sistemas especializados de filtración de agua como parte del Cactus Basins Recharge Program.
La iniciativa está vinculada a un acuerdo de suministro de agua de 200,000 acre-pies entre FWC y Cadiz firmado en 2024. El programa busca aumentar la recarga de los acuíferos y mejorar la calidad del agua en el condado de San Bernardino, apoyando los esfuerzos regionales para reducir la dependencia del agua importada del State Water Project y mejorar la resiliencia frente a la sequía.
La asociación supone un paso importante para afrontar los desafíos de seguridad hídrica en el condado de San Bernardino mediante un enfoque coordinado en la inversión en infraestructuras hídricas, centrado en la reutilización local del agua, la recarga de acuíferos y la limpieza de la contaminación.
Cadiz Inc. (NASDAQ: CDZI)는 산버너디노 밸리 지역 상수도구역(San Bernardino Valley Municipal Water District) 및 폰타나 워터 컴퍼니(Fontana Water Company, FWC)와 전략적 파트너십을 체결해 리알토-콜턴 지하수 분지의 과염소산염 오염 문제에 대응합니다. 자회사 ATEC Water Systems를 통해 Cadiz는 Cactus Basins Recharge Program의 일환으로 FWC에 특수 정수(여과) 시스템을 제공할 예정입니다.
이 사업은 2024년에 FWC와 Cadiz가 체결한 200,000 에이커피트(acre-foot) 규모의 수자원 공급 계약과 연결되어 있습니다. 해당 프로그램은 지하수 보충을 확대하고 산버너디노 카운티의 수질을 개선해 주(State) 수자원 프로젝트에서 수입하는 물에 대한 의존도를 줄이고 가뭄 회복력을 높이는 것을 목표로 합니다.
이번 파트너십은 지역 수자원 재이용, 지하수 재충전, 오염 정화에 중점을 둔 수자원 인프라 투자에 대한 협력적 접근을 통해 산버너디노 카운티의 물 안전 문제를 해결하는 중요한 전환점입니다.
Cadiz Inc. (NASDAQ: CDZI) a conclu un partenariat stratégique avec le San Bernardino Valley Municipal Water District et la Fontana Water Company (FWC) pour traiter la contamination par le perchlorate dans le bassin aquifère de Rialto-Colton. Par l'intermédiaire de sa filiale ATEC Water Systems, Cadiz fournira à FWC des systèmes de filtration d'eau spécialisés dans le cadre du Cactus Basins Recharge Program.
L'initiative est liée à un contrat d'approvisionnement en eau de 200 000 acre-feet entre FWC et Cadiz signé en 2024. Le programme vise à renforcer la recharge des nappes et à améliorer la qualité de l'eau dans le comté de San Bernardino, soutenant les efforts régionaux pour réduire la dépendance à l'eau importée du State Water Project et améliorer la résilience face à la sécheresse.
Ce partenariat constitue une avancée majeure pour relever les défis de sécurité hydrique dans le comté de San Bernardino grâce à une approche coordonnée des investissements dans les infrastructures hydriques, axée sur la réutilisation locale de l'eau, la recharge des nappes et la dépollution.
Cadiz Inc. (NASDAQ: CDZI) hat eine strategische Partnerschaft mit dem San Bernardino Valley Municipal Water District und der Fontana Water Company (FWC) geschlossen, um Perchlorat-Belastungen im Rialto-Colton-Grundwasserbecken zu bekämpfen. Über seine Tochtergesellschaft ATEC Water Systems wird Cadiz FWC spezialisierte Wasserfiltersysteme im Rahmen des Cactus Basins Recharge Program bereitstellen.
Die Initiative steht im Zusammenhang mit einem Wasserliefervertrag über 200.000 Acre-Foot zwischen FWC und Cadiz, der 2024 unterzeichnet wurde. Das Programm zielt darauf ab, die Grundwasseranreicherung zu verbessern und die Wasserqualität im San Bernardino County zu erhöhen, um die Abhängigkeit von importiertem Wasser aus dem State Water Project zu verringern und die Dürreresilienz zu stärken.
Die Partnerschaft stellt einen bedeutenden Schritt dar, die Herausforderungen der Wassersicherheit im San Bernardino County durch einen koordinierten Ansatz bei Investitionen in Wasserinfrastruktur anzugehen, mit Schwerpunkt auf lokaler Wasserwiederverwendung, Grundwasseranreicherung und Sanierung von Verunreinigungen.
- Partnership enables implementation of critical Cactus Basins Recharge Program
- Leverages existing 200,000 acre-foot water supply agreement with FWC
- Expands Cadiz's water treatment business through ATEC Water Systems subsidiary
- Supports regional water security and reduces dependence on imported water
- Project implementation depends on parties finalizing binding definitive agreement
- Success contingent on effective treatment of perchlorate contamination
- Faces risks and uncertainties related to water infrastructure development
Insights
Cadiz's specialized filtration deal strengthens regional water security while unlocking significant value from their 2024 water supply agreement.
This partnership represents a strategic infrastructure play for Cadiz Inc. that leverages their specialized water treatment technology to address regional water challenges in Southern California. The agreement positions Cadiz to provide perchlorate filtration systems through their wholly-owned subsidiary, ATEC Water Systems, as a component of their larger 200,000 acre-foot water supply agreement with Fontana Water Company signed in 2024.
The deal's significance extends beyond mere filtration services. By addressing perchlorate contamination concerns that had previously delayed the Cactus Basins Recharge Program, Cadiz is effectively unlocking regional groundwater banking potential in San Bernardino County. This creates strategic value by enabling the broader implementation of water infrastructure that supports groundwater replenishment and improves long-term water supply reliability.
The partnership demonstrates how Cadiz is diversifying beyond traditional water supply to include water quality treatment solutions. This positions the company within the growing water infrastructure sector addressing contamination issues that impact groundwater utilization. By solving a specific technical challenge (perchlorate migration), Cadiz enables progress on a critical infrastructure program that had been stalled.
For context, perchlorate contamination is a significant issue in drinking water as it can disrupt thyroid function. By positioning itself as part of the solution to this regulatory and public health challenge, Cadiz strengthens its relationship with municipal water authorities while potentially opening doors for similar treatment agreements across Southern California's challenged groundwater basins.
This agreement represents a valuable revenue diversification opportunity for Cadiz. While the company hasn't disclosed specific financial terms, this deal activates a portion of their 200,000 acre-foot water supply agreement from 2024 with Fontana Water Company. Based on California water market dynamics, such agreements typically represent substantial long-term value.
The partnership strategically positions Cadiz in two distinct revenue streams: water supply and specialized water treatment. By providing perchlorate filtration systems through their ATEC Water Systems subsidiary, Cadiz is vertically integrating their water business model. This demonstrates the company's evolution from primarily a water rights/supply entity to a more diversified water solutions provider.
What's particularly notable is how this agreement addresses a specific technical bottleneck - perchlorate contamination - that was impeding progress on San Bernardino Valley's Cactus Basins Recharge Program. By solving this specific problem, Cadiz helps unlock broader infrastructure development that ultimately supports their core water supply business.
From a strategic perspective, this partnership aligns with regional water security priorities in Southern California, which faces declining reliability from State Water Project deliveries. By positioning themselves as enablers of groundwater banking infrastructure, Cadiz strengthens their market position in a region increasingly focused on local water resilience.
This deal also potentially reduces regulatory risk around Cadiz's broader water projects by demonstrating their ability to contribute solutions to regional water quality issues, an important consideration given the historical regulatory scrutiny of their Mojave Desert water projects.
Cadiz to provide perchlorate treatment to support Cactus Basins Recharge Program as part of region-wide effort to expand groundwater banking.
Under the agreement, Cadiz will provide specialized water filtration systems to FWC for the treatment of perchlorates to be located at FWC's facilities. These systems are designed to mitigate any potential migration of perchlorate contamination that may occur when San Bernardino Valley commences operation of the Cactus Basins Recharge Program. Cadiz will provide the treatment through the company's wholly-owned subsidiary, ATEC Water Systems, as part of a 200,000 acre-foot water supply agreement between FWC and Cadiz signed in 2024.
"The Cactus Basins Recharge Program is a critical part of our plan to enhance water supply reliability for San Bernardino Valley," said Heather Dyer, CEO/ General Manager for San Bernardino Valley. "We are looking forward to exploring potential opportunities offered through this unique public-private partnership that could address legacy perchlorate contamination while also providing critical groundwater supply benefits to the communities depending on the Rialto-Colton Groundwater Basin."
"One of the most exciting aspects of this partnership for Cadiz is that by deploying cost-effective advanced treatment technology, we can unlock low-cost water supplies for the whole region," remarked Susan Kennedy, CEO of Cadiz. "San Bernardino Valley's leadership on this is a blueprint for a collaborative approach to sustainable groundwater management across
"To maintain affordability for our customers, we have to work together to solve water resource issues cost-effectively at a regional level," FWC Vice President, Marty Zvirbulis said. "This creative approach to addressing water quality in the Rialto-Colton Groundwater Basin opens the door to cost-effective integration of water supply resources and groundwater banks across the whole region."
San Bernardino Valley has been investing in local water supply infrastructure including storage and recharge projects as part of a unified, integrated strategy to improve drought resilience, maximize value of imported water during dry years through storage of wet year water, and support sustainable and equitable access to clean water across all parts of its service area.
The Cactus Basins Recharge Program would spread imported State Water Project (SWP) water at the existing Cactus Basins for recharge of the
About San Bernardino Valley Municipal Water District
San Bernardino Valley Municipal Water District was formed in 1954 as a regional agency to plan a long-range supplemental water supply for the San Bernardino Valley. San Bernardino Valley imports water into the service area through participation in the State Water Project, manages groundwater storage within boundaries and provides roughly 25 percent of the region's water needs through deliveries to retail water agencies that serve the cities and communities of
About Fontana Water Company
Fontana Water Company, a division of San Gabriel Valley Water Company, is a private water utility which has provided safe, clean and reliable water service to the
About Cadiz, Inc.
Founded in 1983, Cadiz, Inc. (NASDAQ: CDZI) is a
Forward-Looking Statements
This release contains "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of words such as "would," "will," "intends," "anticipates," "believes," "estimates," "projects," "expects," "planned" and "plans". These include statements regarding the planned partnership among Cadiz, San Bernadino Valley and FWC, which is dependent on the parties entering into a definitive binding agreement, and the benefits to be derived from such partnership. Such statements are subject to risks and uncertainties, and actual results may differ materially from any future results expressed or implied by the forward-looking statements. Risks and uncertainties include those described in the Company's filings made with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2024, and subsequent filings. The Company undertakes no obligation to update forward-looking statements except as required by law.
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SOURCE Cadiz, Inc.
FAQ
What is the purpose of Cadiz's partnership with San Bernardino Valley and Fontana Water Company?
How does this agreement relate to CDZI's existing water supply contract with Fontana Water Company?
What is the Cactus Basins Recharge Program?
How will this partnership benefit San Bernardino County's water security?
What role will Cadiz's ATEC Water Systems play in this agreement?
