Cadiz Selects Stantec to Serve as Owner's Engineer for the Mojave Groundwater Bank Project

Core Points - Cadiz, Inc. has announced an $800 million agreement with Stantec Inc. to develop the Mojave Groundwater Bank project, which will be the largest new water infrastructure project in the Southwest [1][7] - The project aims to provide 2.5 million acre-feet of new water supply and 1 million acre-feet of underground storage capacity, with a pipeline network exceeding 350 miles [2][6] - The Mojave Groundwater Bank is expected to alleviate pressure on the State Water Project and Colorado River systems, ensuring affordable water supplies for communities in California and Arizona [2][6] Company Overview - Cadiz, Inc. is focused on providing clean, reliable, and affordable water solutions, with 45,000 acres of land and 2.5 million acre-feet of water supply [8] - The company has a history of nearly 20 years of partnership with Stantec, which is recognized for its expertise in water supply infrastructure [3][5] - The Mojave Groundwater Bank project represents a landmark collaboration with Native American Tribes, marking the first large-scale water infrastructure project off tribal lands in U.S. history [7] Project Details - Stantec will act as the Owner's Engineer, overseeing the engineering, procurement, and construction management processes to expedite the project timeline [4] - The project is located in a watershed system with an estimated 30 to 50 million acre-feet of groundwater storage, surpassing the combined storage of Lake Mead and Lake Powell [5] - Upon completion, the project will deliver new water supplies to the Mojave River Basin, Colorado River Basin, and California's Inland Empire [6]