21 Oct Cadiz Water Project Recognized as a Top 10 Infrastructure Project at the North American Infrastructure Forum
Los Angeles) – Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, the “Company”) is pleased to announce that the Cadiz Water Project, the Company’s public-private partnership with California water providers to make available new, sustainable water supplies and groundwater storage for Southern California, was recognized today by Blueprint 2025 as a Top 10 Private Investment in Infrastructure Project at the North American Infrastructure Forum held in Washington D.C. Blueprint 2025 is a bi-partisan coalition of infrastructure leaders dedicated to transforming the domestic infrastructure market by injecting private investment into key, strategic projects. Today’s awards were granted to projects that will improve and expand North American infrastructure but require little or no public investment to be built. The Cadiz Water Project was the sole California project to be recognized at today’s ceremony presided over by General David H. Petraeus, a member of Blueprint 2025’s National Infrastructure Performance Council.
“Private investment in U.S. infrastructure would transform our economy, without adding to the national debt – these projects are key harbingers of that transformation,” said Norman Anderson Chairman and CEO of CG/LA Infrastructure, host of the Forum.
Courtney Degener, Cadiz Vice President of Communications and Investor Relations who accepted the award for the Company, stated: “Due to a variety of factors, including climate change, growth and regulatory uncertainty, California has faced significant challenges in securing a safe, reliable water supply for all communities. A lack of reliable water often translates to a lack of housing, transportation, jobs and economic opportunity.”
“We must move beyond a boom and bust cycle and invest in innovative infrastructure solutions that can help ensure safe, reliable water is there for all communities every day, every year,” Degener continued. “We intend to be part of the solution to California’s persistent water supply problem and are grateful to be recognized today for our efforts to contribute as a private partner in the infrastructure space.”