Cadiz closes financing, secures development capital for water supply projects

$57 million credit agreement includes $20 million to support development and construction of water supply projects before the next drought. los angeles and geneva , march 6, 2024 /prnewswire/ -- cadiz, inc. (nasdaq: cdzi / cdzip, the "company") announced today that it has completed a financing transaction that significantly strengthens its financial position and provides the company with liquidity to accelerate development of its water supply projects in southern california.
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