Curated News
By: NewsRamp Editorial Staff
May 02, 2024
Cadiz Inc CEO Susan Kennedy Shares Vision for Water Management Strategies
TLDR
- Cadiz Inc. is set to emerge as the largest water trading bank in the southwestern United States, leveraging a portfolio of water assets valued at over $5 billion.
- Cadiz Inc. has evolved from leveraging land and water assets for public storage to owning a vast aquifer system in the Mojave Desert, estimated to hold between 30 to 50 million acre feet of water.
- Cadiz Inc.'s commitment to innovative water management practices aims to meet the evolving needs of communities and address the escalating demand for resilient water management solutions in the face of climate variability.
- Cadiz Inc.'s transformation into a prominent global water industry player highlights the company's remarkable evolution and advancements in water management strategies.
Impact - Why it Matters
The news highlights the significant evolution of Cadiz Inc. into a prominent player in the global water industry, and its commitment to innovative water management practices. This is important as it addresses the escalating demand for resilient water management solutions in the face of climate change, impacting communities and water resources.
Summary
Cadiz Inc CEO Susan Kennedy discussed the company's evolution and advancements in water management strategies. The company aims to become the largest water trading bank in the southwestern United States by leveraging its vast aquifer system and acquiring strategic infrastructure. Cadiz Inc's transformation reflects its commitment to innovative water management practices and addressing the escalating demand for resilient water management solutions in the face of climate variability.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Cadiz Inc CEO Susan Kennedy Shares Vision for Water Management Strategies
