Cadiz selects stantec to serve as owner's engineer for the mojave groundwater bank project

The $800m groundwater bank will be the largest new water infrastructure project in the southwest los angeles , feb. 25, 2025 /prnewswire/ -- cadiz, inc. (nasdaq: cdzi) (the "company" or "cadiz") announced today that it has entered into an agreement with stantec inc. (nyse: stn), a global leader in sustainable design and engineering, to oversee development and construction of the mojave groundwater bank project, the largest new water storage and supply project being developed in california's mojave desert. once complete, the project will provide 2.5 million acre-feet of new water supply, 1 million acre-feet of underground storage capacity and a pipeline network spanning more than 350 miles between the colorado river and california aqueducts.
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