Cadiz Closes Financing, Secures Development Capital For Water Supply Projects
Cadiz (CDZI) Prnewswire·2024-03-06 13:30$57 million credit agreement includes $20 million to support development and construction of water supply projects before the next drought. LOS ANGELES and GENEVA, March 6, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP, the "Company") announced today that it has completed a financing transaction that significantly strengthens its financial position and provides the Company with liquidity to accelerate development of its water supply projects in Southern California. The financing includes a new $20 ...