Cadiz inc. announces an agreement to provide water to the salton sea authority and torres martinez desert cahuilla indians

Public-private partnership will dedicate 5,000 acre-feet of water per year for 50 years to the salton sea authority and torres martinez tribe and provide up to $5 million in financing for water-pipeline infrastructure and water quality treatment technologies on tribal lands around the salton sea. los angeles , aug. 4, 2022 /prnewswire/ -- cadiz inc. (nasdaq: cdzi/cdzip) ("cadiz", the "company") announced today that the company agreed to dedicate 5,000 acre-feet of water per year to the salton sea authority and torres martinez desert cahuilla indians ("torres martinez tribe"), and that the company will provide up to $5 million to install pipeline infrastructure and well treatment technology on tribal lands.
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