Cadiz Enters Two Agreements For Mojave Groundwater Bank Northern Pipeline Project; On July 27, Fenner Gap Mutual Water Company Entered Into A CMAR Agreement With W.M. Lyles Co, Lyles Agreement Sets GMP Of $218.90M For Pump-Station Facilities; Fenner Gap Entered Into A Separate CMAR Agreement With Mike Bubalo Construction Co, Bubalo Agreement Sets GMP Of $54.90M For Pipeline Replacement
Introductory Note On July 27, 2026, Cadiz Inc. (the "Company," or "Cadiz"), through its affiliate Fenner Gap Mutual Water Company ("Fenner Gap"), entered into two agreements for the engineering,
Cadiz signed two big construction contracts to build water storage and pipeline equipment in the Mojave Desert. This shows the company is moving forward with its plan, which matters because completed projects could eventually make money for the business.
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