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Cadiz Inc. partners with investment fund for Mojave Groundwater Bank project

Oct 31, 2024•over 1 year ago

Contract Type

partnership

Largo

Description

Cadiz Inc. has announced its partnership with a non-profit investment fund to finance sustainable infrastructure projects. The collaboration involves a prospective investment of up to $150 million to support the creation of a new entity, Newco, which will mobilize capital for the construction, ownership, and operation of Cadiz’s groundwater banking project in the Mojave Desert.

Company Information

Company

American Ecosystems, Inc.

Location

Largo, Florida, United States

About

American Ecosystems, Inc. was founded in 1993 and operates from two locations in Largo and Odessa Florida. The company has built a strong reputation for its expertise in managing and controlling nuisance aquatic vegetation in lakes, ponds, canals, and other waterways across the Tampa Bay area. With over three decades of experience, the company is widely recognized as a trusted partner for clients seeking innovative, environmentally sustainable solutions to maintain healthy and thriving waterways.

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Strategic

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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