Cadiz Announces Water Supply Agreement With Solstra Communities To Support Housing In Santa Barbara County; Water Supply From Cadiz Delivered Through Exchanges Of Water With Regional Water Contractors Using Its Northern Pipeline
Portfolio Pulse from Benzinga Newsdesk
Cadiz Inc. has entered into a water supply agreement with Solstra Communities to support housing for 4,000 Central Coast working families near Vandenberg Space Force Base. The water will be supplied by Cadiz through exchanges with regional water contractors using its Northern Pipeline.

April 24, 2024 | 1:22 pm
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POSITIVE IMPACT
Cadiz Inc.'s new partnership with Solstra Communities to supply water for housing developments near Vandenberg Space Force Base could positively impact its stock due to the potential for increased revenue and business expansion.
The agreement with Solstra Communities represents a significant business expansion for Cadiz Inc., potentially increasing its revenue streams and enhancing its market position. The project's scale and its support for housing developments in a strategic location like near Vandenberg Space Force Base highlight its importance. This positive development is likely to be viewed favorably by investors, potentially leading to a short-term uptick in CDZI's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100