Cadiz Completes Acquisition of 220-Mile Pipeline Asset
LOS ANGELES, July 1, 2021 /PRNewswire/ -- Cadiz Inc. ((", the Company, ", NASDAQ:CDZI) is pleased to announce today that it completed the acquisition of an existing 220-mile pipeline, the Cadiz "Northern Pipeline," making final payment of $19 Million to El Paso Natural Gas ("EPNG"). As California continues to address supply inequalities, infrastructure challenges and intensifying drought, the Northern Pipeline can provide new water conveyance access and supplement California's water infrastructure along an underserved, growing east-west route with additional regulatory approvals.
The Northern Pipeline extends southeast from California's Central Valley near Bakersfield and terminates at the C
