Vidler water resources, inc. announces exercise of option to purchase 53,750 long term storage credits in arizona by alternative energy developer

Carson city, nevada--(business wire)--vidler water resources, inc. (“vidler”) announced today an alternative energy company has exercised its option to purchase 53,750 long term storage credits (“ltsc”) at the company's recharge facility in the harquahala valley, arizona for $400 per ltsc. the company expects the sale to close in 2021 and to generate revenue of approximately $21.5 million. vidler's president and chief executive officer, dorothy timian - palmer, commented: “we are extremely plea
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