FORMER Trade and Industry Minister Stephen Cadiz said he was pleased with the outcome of the April 28 election as it meant the people of Trinidad and Tobago had said they were tired of the suffering they had endured under the People's National Movement (PNM) Speaking to Newsday at the National Library and Information System Authority in Port of Spain on May 2 “I was part of the first term and like everything else there are situations so after ten years of beating people into submission we’re done with that.' And I was very pleased with the outcome of the election “We have been suffering for the last ten years from a government that had no respect for the people of this country and that can be supported by numerous things that have happened The famous ‘you ain’t riot yet’ and a whole host of things the issue with the pensions and you giving yourself a $87,000 a month pension You have unions who have been scrambling to have three three-year agreements settled and they can’t settle them as yet.” He said the people felt the campaign run by the UNC and Kamla Persad-Bissessar He said the appointment of John Jeremie as Attorney General was further proof of this direction you cannot be inclusive and exclusive at the same time and not include people at the same time So the whole campaign was run on ‘When UNC wins everybody wins,’ and everybody is just that I think it was a good move on her part to actually do that but where don’t we have dissenting voices?” Asked about the many controversies in which Jeremie had been involved How many attorneys general did we go through between 2010 and 2015 Monday - Friday 9am-12pm / 2pm-6pm GMT + 1 All financial news and data tailored to specific country editions Córdoba defeated Cádiz 4-2 in a thrilling match featuring two penalties The Nuevo Arcángel stadium witnessed a dramatic football match on Friday as Córdoba comprehensively defeated Cádiz 4-2 keeping fans on the edge of their seats until the final whistle Córdoba took an early lead with a goal from Cristian Carracedo in the 23rd minute They doubled their advantage through a penalty expertly converted by Jacobo González in the 37th minute following a red card for Cádiz's David Gil The first half ended 2-0 in Córdoba's favor Cádiz showed their resilience in the second half pulling one goal back through Roger Martí's header in the 46th minute Victor Chust's header leveled the score at 2-2 in the 58th minute awarded to Córdoba in the 71st minute following a foul on Carlos Albarrán was successfully converted by Cristian Carracedo Antonio Casas added a late goal to seal a convincing 4-2 victory for Córdoba This win is a significant boost for Córdoba in their league campaign The match provided a thrilling spectacle for fans highlighting the unpredictable nature of football The performance showcased Córdoba's attacking prowess and their ability to overcome challenges while Cádiz will undoubtedly be looking to bounce back from this setback Both teams now turn their attention to their upcoming fixtures For fans wanting to experience the electric atmosphere of live football ensure you check ticketing information for future matches This Córdoba-Cádiz clash will certainly be remembered as a high-scoring securing a crucial brace in their 4-2 victory Other Córdoba players also contributed to the impressive goal tally against Cádiz Córdoba won the match against Cádiz with a final score of 4-2 the match included two penalty kicks and a red card adding to the drama and excitement of the 4-2 victory for Córdoba The events influenced the flow and outcome of the game The match between Córdoba and Cádiz was played in La Liga 2 the second tier of Spanish professional football This adds significance to the win for Córdoba the headline and summary describe the game as a 'goalfest' and a 'thrilling match' indicating a high number of goals and an exciting game for spectators The 4-2 scoreline reflects this description All trademarks are the property of their respective owners All rights reserved @ 2025 Nishtya Infotech (India) Ltd "Project development is on track; We picked up some strong tailwinds in Q1" LOS ANGELES, May 5, 2025 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz," the "Company") today issued a letter to shareholders from Chairman and Chief Executive Officer Susan Kennedy with a lookback on the first quarter In the last six months our team has been at work behind the scenes downs and opportunities of the new landscape.  Here's a look back on Q1 with an update on key catalysts Our overarching goal is to get pipelines built so the Company can begin generating revenues from our water supply and storage assets.  We've set an aggressive schedule to complete construction on the Northern Pipeline at the end of 2026 and the Southern Pipeline (for storage) at the end of 2027.  Actions taken year-to-date were aimed at keeping us on target for this aggressive timeline Our primary objectives in Q1 were to establish the NewCos for project development and secure the lead project investor so we can raise project capital move development costs off Cadiz' balance sheet Despite the post-election chaos and some strategic detours we made substantial progress on all fronts and remain on track to meet our construction timeline Transition – Q1 was dominated by transition in Washington wildfires in Los Angeles and tariffs on steel the strategic decisions we made in Q4 following the election positioned the Company to navigate a rocky transition in Q1 and created some tailwinds for 2025: we closed a deal to purchase 180 miles of steel pipe from the abandoned Keystone XL project President Trump announced plans to hike tariffs on imported steel by 25% With the Keystone steel already manufactured and in the U.S. this steel is not subject to import tariffs The Company's ability to lock in steel at very favorable pricing shielded from tariffs eliminated what would have been a significant risk to project costs and which would have impacted our ability to close project financing we delayed submission of permit applications to federal agencies until the new Administration was in place to not lose any momentum in the void of a government transition President Trump issued an emergency proclamation directing federal agencies to streamline permits for projects that provide water supplies to California We anticipate that our ROW application with BLM to convert the 220-mile EPNG pipeline to water conveyance will be among first permits to be reviewed under President Trump's emergency proclamation.  It is important to note that we had already completed the necessary work with the Biden Administration to process the permit for conversion of the Northern Pipeline (NPL) but we anticipate that all regulatory permits will be processed more efficiently under the Trump Administration and this combined with the President's emergency order provides a tailwind for us to maintain an accelerated development schedule Investment Tax Credit (ITC) – The election results called into question whether any tax credits for clean energy would be supported by the incoming Congress.  Aside from steel the cost of energy generation was the biggest unknown in terms of project costs the Company closed a deal to purchase linear generation technology that qualifies for the ITC that expired at the end of 2024 Qualifying for the 2024 ITC provides as much as 50% in tax credits toward approximately $120 million in expected costs for generation equipment.  Locking in power costs and tax credits especially in such an unexpectedly volatile market environment ended up being hugely important for securing project investors we made the strategic decision to pivot away from project investors whose funding was tied to the Inflation Reduction Act or other federal climate programs that were expected to be frozen by the Trump Administration In Q1 we confirmed a lead investor for the project finance company and are in the process of drafting the LLC agreement and related documents for syndication with other project investors.  The LLC is a Public - Private Partnership with a complex investment structure due to the number of project investors and diversity of the capital sources involved While this is a complex process and the diligence is lengthy the number and types of investors interested in participating makes this a good problem to have in Q1 the Company closed a $20 million1 equity raise to cover capital costs and development expenses in 2025 while we finish drafting the LLC agreement and raise project capital We did this to ensure we can cover mission critical development expenses and stay on schedule despite the timing of closing project financing we closed that capital raise before the full impact of the tariff war roiled capital markets The Company expects to be reimbursed for approximately $15 to $20 million in capital costs and development expenses at the close of project financing with initial capital drawdown for construction on the NPL scheduled to occur in late Q3 / beginning of Q4 as reflected in the development schedule attached in addition to reimbursement of development expenses the Company also expects to receive payments for the transfer of assets to the LLC in accordance with the terms and conditions set out in the LLC agreement Expected payments to the Company from the LLC include $25 million for NPL assets and $51 million in exchange for 51% of the cash flows from water storage and banking operations Victor Valley Wastewater Reclamation Authority (VVWRA) whose municipal members include the Cities of Victorville and Hesperia and the County of San Bernardino voted in favor of forming a Joint Powers Authority (JPA) with our public agency partners to support municipal financing for the project.  Formation of this new JPA will allow us to access municipal debt to support construction financing (in addition to equity capital and grant funding through the LLC) We expect to complete formation of the JPA in the next few months with the goal of being able to issue revenue bonds for construction in early 2026 In Q1 ATEC substantially completed delivery on the 60MGD Central Utah treatment project and concluded shipment in April.  ATEC also opened a second 20,000 sq ft new building for storage training and lab services – doubling its production capacity Interest in ATEC's water filtration technologies for groundwater treatment continues to grow at a robust rate as our presence in the market grows the groundwater remediation market in the US overall is projected to grow at a CAGR of 8.4% to $163.4 billion by 20272;  ATEC's  annual revenue potential is tied to a deal stage cycle that runs from "Planning" (e.g RFIs and anticipated procurement for treatment solutions by water utilities) to "Design" "Bidding" and "Purchase Order." The number of opportunities in the Planning stage grew by 38% in Q1; The value of potential deals in the Design stage grew 32%; The value of potential deals we bid on grew by 27%; and our overall "win" rate (the number of bids resulting in Purchase Orders) still stands at better than 90% remember that we acquired ATEC Systems in 2022 for $2 million The $9.2 million Utah deal awarded in 2023 was "pig in a python" for the ATEC pipeline but we've steadily expanded our market presence with new reps covering larger communities (Texas Midwest) and new treatment solutions (arsenic ATEC had a surge in inquiries in Q1 after previewing a new water filtration solution for PFAS (forever chemicals) with California water agencies last December.  FluoroSorb has now been approved for use in PFAS removal in California We began pilot-testing ATEC's PFAS filter using FluoroSorb in the field in Q1 and are very excited about rolling out the results in 2025 Bottom line: We remain very bullish on the future of ATEC its importance in the water treatment marketplace and the value it can bring to shareholders of Cadiz as it grows In addition to preparing for the 2025 growing season we've been building out the wellfield infrastructure to support construction of the water supply and storage project We are also assisting RIC Energy with the permit process for development of the hydrogen production facility (announced in Q4 2024) and fielding inquiries from other developers to locate at least one additional hydrogen facility at Cadiz Ranch we've received multiple inquiries to locate a data center at Cadiz Ranch as well.  solar and potentially a data center at Cadiz are becoming clear After we announced the agreement with RIC to build a green hydrogen production at Cadiz we attracted the attention of other developers looking for space to build data centers.  As previously discussed we intend to develop our land assets to generate the highest value to shareholders and are very encouraged by these recent developments.  We understand the importance of continuing to update our shareholders as we work through a complex project financing.  We will continue to release as much information as we can about our progress on project financing as we finalize agreements with our public and private partners for project finance and reach key milestones project development is on track; We made strategic decisions that insulated us from variables outside of our control and we picked up some strong tailwinds in Q1.   I look forward to delivering future updates About Cadiz, Inc.Founded in 1983, Cadiz, Inc. (NASDAQ: CDZI) is a California water solutions company dedicated to providing access to clean reliable and affordable water for people through a unique combination of water supply 220 miles of pipeline assets and the most cost-effective water treatment filtration technology in the industry Cadiz offers a full suite of solutions to address the impacts of climate change on clean water access For more information, please visit https://www.cadizinc.com.  Cautionary Note About Forward-Looking Statements This investor briefing contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 Forward-looking statements may be identified by the use of words such as "expects," "plans," "intends," "aims," "projects," "believes," "anticipates," "estimates," "targets," "will," "may," "could," "should," "would," "likely," and variations of such words and similar expressions statements regarding the Company's expectations concerning the timing and closing of project financing; the ability to secure commitments from investors and enter into definitive agreements including the LLC Agreement and the formation of a Joint Powers Authority; expectations regarding the achievement of project development milestones including the timing of construction and commencement of operations for the Northern Pipeline and Southern Pipeline projects; the anticipated reimbursement of development costs and receipt of asset transfer payments; the potential favorable impact of regulatory including emergency proclamations; the Company's expectations regarding tax credits and tariff exposure; the expected expansion of ATEC operations and commercialization of new technologies including PFAS treatment; future development opportunities at Cadiz Ranch; and the overall pace and success of the Company's development and financing activities Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made there can be no assurance that such expectations will prove to be correct Actual outcomes and results may differ materially due to a variety of factors without limitation: the ability to negotiate and execute definitive agreements with project investors and partners; delays in construction schedules; delays or setbacks in obtaining required permits and regulatory approvals; changes in applicable laws or federal and state policies; the availability and terms of project financing; increases in project costs or adverse shifts in market conditions or supply chain disruptions; the ability to further scale ATEC's growth and commercialize its new technologies; and broader political or economic developments that may affect the Company's operations Additional information regarding factors that may affect the Company's forward-looking statements can be found in the Company's filings with the Securities and Exchange Commission including its Annual Report on Form 10-K for the fiscal year ended December 31 and any subsequent filings under the Securities Act and Exchange Act The Company undertakes no obligation to publicly update or revise any forward-looking statement 2 https://www.marketsandmarkets.com/Market-Reports/environmental-remediation-market-93290334.html  (NASDAQ: CDZI / CDZIP) ("Cadiz," the "Company") today announced that its Board of Directors has.. announced today that the Company will participate.. Environmental Products & Services Utilities Water Utilities Economic News, Trends, Analysis Do not sell or share my personal information: Steel acquisition shields project costs from 25% tariffs while expedited permitting and JPA formation advance Cadiz's pipeline development despite transition challenges Cadiz's Q1 strategy reveals exceptional foresight in water infrastructure development Their acquisition of 180 miles of Keystone XL pipeline steel before the announcement of 25% steel import tariffs demonstrates remarkable timing that effectively neutralized what could have been a devastating cost escalation for their pipeline projects This single decision may have preserved project economics that otherwise would have been severely challenged The regulatory landscape is evolving favorably for Cadiz Rather than fighting the political transition they strategically delayed permit submissions until the new administration was in place as their water infrastructure projects may now receive expedited review under the emergency proclamation for California water projects The formation of a Joint Powers Authority with Victor Valley Wastewater Reclamation Authority represents a significant milestone in establishing the municipal financing mechanisms essential for project construction Their filtration technology subsidiary ATEC continues to outperform expectations with an extraordinary >90% win rate on competitive bids The pilot testing of PFAS filtration using FluoroSorb engineered clay positions them in the rapidly expanding "forever chemicals" remediation market – a sector facing intense regulatory and public pressure securing California approval for FluoroSorb represents a critical regulatory milestone that significantly de-risks the commercial pathway The development of hydrogen production facilities at Cadiz Ranch coupled with potential data center opportunities reveals a sophisticated strategy to maximize land value beyond water resources These energy-intensive operations create natural synergies with Cadiz's water assets – hydrogen production requires substantial water inputs while data centers need cooling resources This integrated approach to resource utilization demonstrates exceptional operational efficiency in their development strategy $20M equity raise bridges to complex project financing while strategic acquisitions shield from inflation and secure tax credits worth ~$60M Cadiz has engineered a sophisticated capital structure optimization that balances multiple funding sources while simultaneously positioning for substantial tax advantages The $20 million equity raise ($18.3 million net) provides crucial development capital while they finalize the more complex project financing – a prudent financial bridge that maintains momentum without rushing into suboptimal financing terms The company's financial strategy reveals a sophisticated understanding of tax-efficient project structuring By securing linear generation technology that qualified for the 2024 Investment Tax Credit before expiration they've potentially captured tax credits worth approximately $60 million (50% of $120 million in expected energy generation costs) has effectively locked in two major cost components that would have created significant financial uncertainty Cadiz's financing approach leverages a diverse capital stack including private equity This multi-source funding strategy distributes risk while potentially lowering blended capital costs The expected $25 million payment for Northern Pipeline assets and $51 million for water storage rights would provide substantial near-term capital while maintaining long-term revenue participation The ATEC filtration business continues to demonstrate exceptional financial leverage from its original $2 million acquisition cost With a $9.2 million Utah project recently completed and 38% growth in planning stage opportunities this diversification provides both current revenue and expanding market potential While detailed financial metrics aren't provided the 32% growth in design stage value and 27% growth in bid opportunities suggest significant embedded value in this operating unit that may be underappreciated in Cadiz's overall valuation (NASDAQ: CDZI / CDZIP) ("Cadiz," the "Company") downs and opportunities of the new landscape Here's a look back on Q1 with an update on key catalysts Our overarching goal is to get pipelines built so the Company can begin generating revenues from our water supply and storage assets We've set an aggressive schedule to complete construction on the Northern Pipeline at the end of 2026 and the Southern Pipeline (for storage) at the end of 2027 Actions taken year-to-date were aimed at keeping us on target for this aggressive timeline We anticipate that our ROW application with BLM to convert the 220-mile EPNG pipeline to water conveyance will be among first permits to be reviewed under President Trump's emergency proclamation It is important to note that we had already completed the necessary work with the Biden Administration to process the permit for conversion of the Northern Pipeline (NPL) Investment Tax Credit (ITC) – The election results called into question whether any tax credits for clean energy would be supported by the incoming Congress Qualifying for the 2024 ITC provides as much as 50% in tax credits toward approximately $120 million in expected costs for generation equipment In Q1 we confirmed a lead investor for the project finance company and are in the process of drafting the LLC agreement and related documents for syndication with other project investors The LLC is a Public - Private Partnership with a complex investment structure due to the number of project investors and diversity of the capital sources involved in Q1 the Company closed a $20 million1 equity raise to cover capital costs and development expenses in 2025 while we finish drafting the LLC agreement and raise project capital Expected payments to the Company from the LLC include $25 million for NPL assets and $51 million in exchange for 51% of the cash flows from water storage and banking operations voted in favor of forming a Joint Powers Authority (JPA) with our public agency partners to support municipal financing for the project Formation of this new JPA will allow us to access municipal debt to support construction financing (in addition to equity capital and grant funding through the LLC) In Q1 ATEC substantially completed delivery on the 60MGD Central Utah treatment project and concluded shipment in April ATEC also opened a second 20,000 sq ft new building for storage the groundwater remediation market in the US overall is projected to grow at a CAGR of 8.4% to $163.4 billion by 20272;  ATEC's  annual revenue potential is tied to a deal stage cycle that runs from "Planning" (e.g ATEC had a surge in inquiries in Q1 after previewing a new water filtration solution for PFAS (forever chemicals) with California water agencies last December we've received multiple inquiries to locate a data center at Cadiz Ranch as well we attracted the attention of other developers looking for space to build data centers we intend to develop our land assets to generate the highest value to shareholders and are very encouraged by these recent developments We understand the importance of continuing to update our shareholders as we work through a complex project financing We will continue to release as much information as we can project development is on track; We made strategic decisions that insulated us from variables outside of our control and we picked up some strong tailwinds in Q1 (NASDAQ: CDZI) is a California water solutions company dedicated to providing access to clean For more information, please visit https://www.cadizinc.com 2 https://www.marketsandmarkets.com/Market-Reports/environmental-remediation-market-93290334.html  View original content to download multimedia:https://www.prnewswire.com/news-releases/cadiz-issues-shareholder-letter-with-lookback-on-q1-302445992.html Already have an account? Login City of Cadiz Attorney Allen Wilson confirmed Wednesday that city officials have been notified by the Commonwealth’s Attorney office that Brianna Hyde was not indicted on undisclosed charges brought before a Trigg County Grand Jury a city investigation was immediately turned over to Kentucky State Police Post 1 for matters not made public A letter of termination was delivered to Hyde thereafter Hyde confirmed her clearance in the matter this situation had destroyed a career” she had worked her entire life to build and that it had taken away from her children and hurt her family — especially being re-dredged in context Hyde further issued that she worked “extremely hard for a city she loved,” and she thought that was evident in all she had done while previously holding the position She said she had “bigger visions than the town had to offer,” and the people who did this to her “know the truth.” and that she’s “ready to move forward with her life,” and put this entire thing behind her while enjoying time with family building her business and proceeding to rebuild the damage that was “unfairly done to her reputation.” This website is using a security service to protect itself from online attacks The action you just performed triggered the security solution There are several actions that could trigger this block including submitting a certain word or phrase You can email the site owner to let them know you were blocked Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page Sheriff's deputies investigate a wooded area of Trigg County where a shooting injured a deputy and claimed the life of a suspect on March 12 including the district manager with a local subway There was a heavy law enforcement presence near the scene of the shooting Joe Godsey was reporting at the scene for WKDZ radio A sheriff's deputy was injured and a suspect died when a law enforcement pursuit ended in a shooting Tuesday in Trigg County — A sheriff's deputy was injured and a suspect died when a law enforcement pursuit ended in a shooting Tuesday in Trigg County The high-speed chase began at the 42-mile marker of Interstate 24 eastbound in Lyon County Kentucky State Police said troopers attempted a traffic stop at that location Troopers followed the vehicle into Trigg County and deputies with the Trigg County Sheriff's Office joined KSP in the pursuit The suspect's vehicle crashed near the 65 mile marker of the interstate near the office of radio station WKDZ on Everett Drive and the Quality Inn on Broadbent Boulevard in Cadiz the man — identified as 21-year-old Jermaine Terrell Jackson of Florissant Missouri — allegedly got out and ran away from law enforcement officers and he fired at law enforcement officers during the foot pursuit the KSP Critical Incident Response Team arrived on scene to investigate the shooting and the deputy was taken to a nearby medical center Cadiz police and Trigg County deputies continued investigating the shooting at the scene She said the incident caused fear for her and her customers "We were in there making our subs like we do and all of a sudden we saw all kinds of police officers," she said "So we came outside and probably within minutes later you hear shots just being fired Swirk said the incident caused fear and panic inside the restaurant WKDZ is about a block from where the shooting happened said the heavy law enforcement presence he saw after the incident also included the Hopkinsville Police Department and the Christian County Sheriff’s Office "We had some people here at the radio station They could hear the shots and everything going on back here and they came out real quick," Godsey said Because of how close the incident was to the radio station WKDZ reported live on air as it played out Jason Howell of Murray and Craig Richardson of Hopkinsville issued a joint statement that read: "Our hearts and prayers are with all those impacted by today's tragic and violent encounter especially the Trigg County sheriff’s deputy who was injured These brave men and women put their lives on the line every day to keep our communities safe and today’s events are a stark reminder of the risks they face “We want to extend our deepest gratitude to the Trigg County Sheriff’s Department Cadiz Police Department — and any others involved — for their swift and courageous response to this situation Their quick actions put public safety first The senators also asked the public to keep all those affected in their thoughts and prayers KSP had not released information about the severity of the deputy's injuries Alexa Black is a reporter for the Princeton Times-Leader Your browser is out of date and potentially vulnerable to security risks.We recommend switching to one of the following browsers: Downtown-based Cadiz is working to secure financing from Native American tribes for one of its pipeline projects As downtown-based water infrastructure company Cadiz Inc is well into the third decade of its pursuit of a massive water storage and transfer project in the Mojave Desert it’s turning to a novel funding source: Native American tribes Cadiz obtained a letter of intent from the Santa Rosa-based Lytton Rancheria of California Native American tribe to invest up to $50 million in the Cadiz project Cadiz Chief Executive Susan Kennedy said the company is now in talks with about a half-dozen other tribes is to obtain financial commitments from these tribes that in combination with bond sales and other sources of financing should cover the $800 million cost of the project “We are hoping to close on project financing by the end of the first quarter,” Kennedy said Cadiz has been trying for nearly 30 years to win government approvals to transfer water via pipelines from its desert aquifer to various water delivery agencies around Southern California But the company has had to overcome intense environmental opposition to transferring water out of the aquifer Dianne Feinstein who authored the California Desert Protection Act The most recent version of the plan involves two pipelines: one about 43 miles long to be built in a southeasterly direction from the Cadiz site to connect with the Colorado River Aqueduct and the other a 220-mile defunct natural gas pipeline that the company is trying to get approval to convert to a water pipeline Cadiz last month won a brief reprieve for the pipeline conversion effort from the State Lands Commission to give it the time necessary to line up the new project financing from the Native American tribes (The commission has jurisdiction because a tiny portion of the pipeline crosses state-owned land.) In return these tribes would gain majority control over the water infrastructure tied to the Mojave Groundwater Bank The lure for the Native American tribes in Northern California such as Lytton Rancheria is the ability to work trades with Southern California water agencies for some of those agencies’ allocations from the State Water Project and other water sources the local water agencies would gain access to the Cadiz water without having to bear the project financing cost Learn how to describe the purpose of the image (opens in a new tab) Leave empty if the image is purely decorative Learn how to describe the purpose of the image (opens in a new tab). Leave empty if the image is purely decorative. President Donald Trump delivers Investing in America remarks from the White House. WATCHSally Buffalo Park in Cadiz welcomes new fish and upgradesby Jaime Ely Sally Buffalo Park in Cadiz saw a splash of new life Friday afternoon as trucks from Fender's Fish Hatchery delivered a variety of fish to the park's four ponds Ohio — Sally Buffalo Park in Cadiz saw a splash of new life Friday afternoon as trucks from Fender's Fish Hatchery delivered a variety of fish to the park's four ponds "We're putting a thousand perch in And also some koi so the kids can see the koi with the orange bellies in the water," Mayor R The park's enhancements extend beyond the aquatic additions "Come and enjoy our park this summer." With the fish now swimming in the ponds and new facilities in place Hopefully we're going to get a lot more this year." The Janice Mason Art Museum will host Poetry Open Mic Night at 7 p.m Members of the public are invited to share an original poem or their favorite poem by another writer.  The event, which coincides with National Poetry Month Bambinos of Cadiz announced Wednesday morning the closing of their 9 Jolly Way restaurant owner Jordan Huddleston shared that the last two-plus years of business had been amazing She added they will officially close the doors when they run out of food The $800M groundwater bank will be the largest new water infrastructure project in the Southwest LOS ANGELES, Feb. 25, 2025 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI) (the "Company" or "Cadiz") announced today that it has entered into an agreement with Stantec Inc. (NYSE: STN) a global leader in sustainable design and engineering to oversee development and construction of the Mojave Groundwater Bank project the largest new water storage and supply project being developed in California's Mojave Desert the project will provide 2.5 million acre-feet of new water supply 1 million acre-feet of underground storage capacity and a pipeline network spanning more than 350 miles between the Colorado River and California Aqueducts The Mojave Groundwater Bank will be the largest new water infrastructure project in the Southwest ensuring affordable water supplies to communities in California and Arizona "Stantec is unmatched in the engineering industry for its expertise in water supply infrastructure and has been our trusted partner for nearly 20 years We are very pleased to select Stantec to oversee design development and construction as we move into this critical phase in bringing the Mojave Groundwater Bank online," said Susan Kennedy Stantec will serve as the Owner's Engineer assist in the selection of the Contractor under a Construction Management at Risk delivery model and construction management process that is expected to bring the project online on an accelerated construction timeline "Water supply variability resulting from climate change threatens long-term water security throughout the Western U.S. and the water delivery system must be updated and expanded to safely and reliably meet the needs of our communities," said John Hanula "Stantec has decades of experience working with utilities throughout California and the West We understand the complexities of bringing new infrastructure online and we are honored to be part of the innovative Mojave Groundwater Bank that will set many firsts in our regional water infrastructure." The Mojave Groundwater Bank is located at the base of a 2,000 square mile watershed system approximately 40 miles north of the Colorado River Aqueduct and 220 miles east of California State Water Project facilities The underground aquifer system holds an estimated 30 to 50 million acre-feet of groundwater in storage today That's more water than what is presently stored in Lake Mead and Lake Powell the two largest surface reservoirs in the U.S. The project is permitted to deliver 2.5 million acre-feet of new water supplies to communities in the Mojave River Basin the Colorado River Basin and California's Inland Empire and permitted to store up to 1 million acre-feet of imported supply relieving pressure on the stressed State Water Project and Colorado River systems Cadiz announced a partnership with Native American Tribes to construct own and operate the Mojave Groundwater Bank The partnership represents a landmark collaboration with Native American Tribes to build the first large-scale water infrastructure project off tribal lands in U.S The total cost for construction of the project is currently estimated to be approximately $800 million About Stantec Inc.Stantec empowers clients and communities to rise to the world's greatest challenges at a time when the world faces more unprecedented concerns than ever before   We are a global leader in sustainable architecture and innovation communities need to manage aging infrastructure and more. Today's communities transcend geographic borders community means everyone with an interest in the work that we do—from our project teams and industry colleagues to our clients and the people our work impacts The diverse perspectives of our partners and interested parties drive us to think beyond what's previously been done on critical issues like climate change and future-proofing our cities and infrastructure We innovate at the intersection of community and client relationships to advance communities everywhere so that together we can redefine what's possible.Stantec trades on the TSX and the NYSE under the symbol STN Visit us at stantec.com or find us on social media This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 Forward-looking statements can be identified by the use of words such as "will," "intends," "anticipates," "believes," "estimates," "projects," "forecasts," "expects," "plans," and "proposes." These forward-looking statements include statements regarding the Company's expectations for construction and implementation of the Mojave Groundwater Bank project the anticipated benefits from the engagement of Stantec and the prospects of the collaboration with the Native American Tribes.  Management believes that these forward-looking statements are reasonable as and when made such forward-looking statements are subject to risks and uncertainties and actual results may differ materially from any future results expressed or implied by the forward-looking statements changes in market conditions and permitting risks and uncertainties associated with the Company's business and finances in general as well as other risk factors described from time to time in the Company's filings with the SEC including its Annual Report on Form 10-K for the year ended December 31 and subsequent Exchange Act and Securities Act filings In light of the significant uncertainties in these forward-looking statements you should not rely upon forward-looking statements as predictions of future events The Company undertakes no obligation to publicly update any forward-looking statement Computer & Electronics A Trigg County man who was the subject of a well-publicized murder case over 20 years ago is once again facing a murder charge in connection with a separate case Kentucky State Police said they presented evidence to a Marshall County grand jury on Thursday and obtained a murder indictment against 48-year-old Claude Russell of Cadiz in connection with the death of 49-year-old Lia Thompson of Benton who was found dead in her home on March 19th Police initially stated the murder was a targeted incident and there was no threat to the public No information on what led to Thompson’s death has been released by state police Russell was charged with the 2002 murder of Chantell Humphries in Trigg County a Trigg grand jury elected to drop the indictment Russell was indicted again for Humphries’ murder Judge Woody Woodall dismissed with prejudice the case against Russell meaning he cannot be tried again on the same charges Russell turned himself in at the Trigg County Sheriff’s Office Friday afternoon LOS ANGELES, March 24, 2025 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz," the "Company") today announced that its Board of Directors has declared the following cash dividend on the Company's 8.875% Series A Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock") Holders of Series A Preferred Stock will receive a cash dividend equal to $550.00 per whole share. Holders of depositary shares, each representing a 1/1000 fractional interest in a share of Series A Preferred Stock (Nasdaq: CDZIP) will receive a cash dividend equal to $0.55 per depositary share to applicable holders of record as of the close of business on April 4 For more information, please visit https://www.cadizinc.com.  Safe Harbor Statement  This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 "Forward-looking statements" describe future expectations or strategies and are generally preceded by words such as "anticipates" or beliefs about future events or results and are not statements of historical fact including statements regarding the Company's expectations regarding payments of dividends in the future You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances or results to differ materially from those projected in the forward-looking statements These and other risks are identified in our filings with the Securities and Exchange Commission (the "Commission") including without limitation our Annual Report on Form 10-K for the year ended December 31 2023 and our Quarterly Reports on Form 10-Q and other filings subsequently made by the Company with the Commission All forward-looking statements contained in this press release speak only as of the date on which they were made and are based on management's assumptions and estimates as of such date.  We do not undertake any obligation to publicly update any forward-looking statements whether as a result of the receipt of new information the occurrence of future events or otherwise today issued a letter to shareholders from.. Dividends LOS ANGELES, March 7, 2025 /PRNewswire/ -- Cadiz Inc. (NASDAQ: CDZI/CDZIP) (the "Company") today announced that it has entered into a placement agent agreement for the purchase and sale of an aggregate of 5,715,000 shares of its common stock in a registered direct offering (the "Offering") at a price of $3.50 per share The aggregate gross proceeds to the Company from the Offering are expected to be approximately $20 million before deducting the placement agent's fees and other offering expenses payable by the Company The Offering is expected to close with institutional investors on or about March 10 subject to satisfaction of customary closing conditions The Company intends to use the net proceeds from the Offering for capital and other expenses related to the development and construction of its groundwater banking project in the Mojave Desert (the "Mojave Groundwater Bank") which may include acquisition of equipment and materials intended to be used in construction of facilities related to its northern and/or southern pipeline which the Company expects to begin in 2025 Net proceeds from the Offering may also be used for the equipment and materials related to wellfield infrastructure on land owned by the Company and its subsidiaries the expansion of the business and acquisitions and general corporate purposes The Company expects that expenses advanced by it related to the Mojave Groundwater Bank for which the net proceeds may be used will be reimbursed to the Company upon the closing of the expected project financing of the Mojave Groundwater Bank through Mojave Groundwater Storage Company a new entity established by the Company for purposes of construction and operation of the Mojave Groundwater Bank and related projects.  LLC is acting as the exclusive placement agent in the registered direct offering This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities nor shall there be any sale of these securities in any state or other jurisdiction in which such offer solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction statements related to the Company's intended use of proceeds the expected completion of financing of the Mojave Groundwater Bank through MGSC and the expected reimbursement of expenses advanced by the Company in connection with the development of the Mojave Groundwater Bank No assurance can be given that the proceeds will be used as currently intended or that financing of the Mojave Groundwater Bank through MGSC will be completed as planned or that we will be reimbursed for expenses advanced in connection with this project Management believes that these forward-looking statements are reasonable as and when made Banking & Financial Services BACOLOD City – The P18 million worth of project funded by the Department of Budget and Management (DBM) in Cadiz City Negros Occidental has reopened to the public This after the city government has redeveloped the Cadiz City Children’s Playground (CCCP) dubbed as playground of generations for the blooming and booming city The allocation was sourced out from the DBM’s “Green a unique assistance program with the purpose to make the 145 cities across the country to be more livable and sustainable by developing their open spaces The city government took time last year to revitalize CCCP considered as one of the famous landmarks in the “City of Whales” The newly reopened CCCP is still boasting the famous iconic features that attract and wow kids and even those kids at heart: big shoe house is more than just a recreational space as it mirrors a visual and cultural narrative of the city Built during the late president Ferdinand Marcos Sr.’s era CCCP has long been a witness to the city’s growth – from a peaceful economically thriving town to a vibrant chartered city on July 4 It even survived two harshest typhoons that hammered Visayas – Typhoon Frank in 2009 and Super Typhoon Yolanda in 2013 “CCCP is a living testament to Cadizeños’ roots and resilience It even represents Cadiz then and now as the land of splendid opportunities It also serves as center that could tell many stories of families and many more – packed in one episode – great to be told and retold from time to time,” said Mayor Salvador Escalante Jr “we’re not only preserving history; we’re creating new another tourist attraction and memories for future generations.”/PN and website in this browser for the next time I comment 2025) – Chicago Fire FC today announced that the Club has acquired midfielder Rominigue Kouamé (pronounced: row-min-EEG koh-ah-MAY) on loan from Spanish LaLiga2 side Cádiz CF for the 2025 MLS season with an option to purchase Kouamé will occupy an international position on the roster pending receipt of his P-1 Visa and International Transfer Certificate (ITC) additional terms of the deal were not disclosed “We’re excited to welcome Rominigue to the Fire,” said Chicago Fire FC Director of Football and Head Coach Gregg Berhalter “His addition brings another dimension to our midfield and strengthens the team in a key area With his qualities and experience competing in elite European leagues like La Liga and Ligue 1 we’re confident Rominigue will make an immediate impact and help us achieve our goals this season.” “I'm excited to join the Fire and be part of this ambitious project,” added Kouamé “After learning more about the team's vision it was clear that this is the right place for me I look forward to contributing on the field and helping the Club achieve its goals this season.” joins the Fire after featuring in 218 matches in various competitions across Africa and Europe Kouamé began his professional career in 2014 at AS Real Bamako of the Malian first division before moving to Europe in 2016 while also going on loan to Cercle Brugge in Belgium and recorded five goals and seven assists as a midfielder Kouamé spent eight years in France before signing with Cádiz in Spain He made his La Liga debut for Cádiz in a 1-1 draw with Real Betis on Sept and has since featured in 31 matches for the club Kouamé is of Malian descent and represents Mali at the international level The midfielder has earned 11 caps for Mali including six in the African Nations Championship four FIFA World Cup qualifying matches and one international friendly Transaction: Chicago Fire FC acquires midfielder Rominigue Kouamé on loan from Cádiz for the 2025 season with an option to purchase Cadiz is embarking on several projects aimed at boosting the local economy including infrastructure developments and new business ventures Ohio — Cadiz is embarking on several projects aimed at boosting the local economy Among these is the construction of a new Dunkin' which recently broke ground after over a year of planning "Now Dunkin' has broken ground and they should be up and running in a few months according to the weather "A year ago I started that month on Dunkin' and that's a very small development so it took a year to break the ground." the village is in the planning stages of constructing a mental health facility This facility is intended to complement the village's increased enforcement of drug-related arrests and initiatives "We're trying to bring in an in-bed drug rehab and mental facility to help a lot of people that can't find a place to go," Jones said We have a company that wants to locate here across from the hospital It's pretty close to a done deal; the blueprints are done Jones expressed optimism about the potential benefits of the project "Rehabs are a better way," Jones said then gets out in their own environment and can't be successful This way will greater the rate of success and hopefully keep the people that are here." The mayor is hopeful that these projects will not only benefit the community but also spur further economic opportunities LOS ANGELES, March 4, 2025 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI) (the "Company" or "Cadiz") announced today that the Company has entered into a Letter of Agreement ("LOA") with a lead investor to invest up to $175 million in the Mojave Groundwater Storage Company a new entity established by Cadiz for purposes of construction and operation of Cadiz's groundwater banking project in the Mojave Desert (the "Mojave Groundwater Bank") and related projects a publicly traded company focused on investing in water infrastructure projects will act as lead investor (the "Lead Investor") in the newly formed MGSC and will invest up to $175 million in the MGSC This LOA is separate from and in addition to previously announced prospective investments by non-profit or public sector investors including federally recognized Native American Tribes ("Tribes") with whom Cadiz has entered into Letters of Intent to provide up to $401 million of equity capital to acquire assets and fund construction of Mojave Groundwater Bank facilities The parties will coordinate to seek available grant funding for any remaining construction costs "This is the pivotal milestone we've been working towards," said Susan Kennedy, Chairman and CEO of Cadiz "We made tremendous progress last year and had great momentum coming into 2025 but having our lead equity investor in place to complete project financing is the key to getting this project built and operational on an aggressive schedule." Cadiz will be responsible for project development activities and upon completion of certain funding commitments by MGSC will transfer and contribute certain assets to the MGSC including (i) 100% of its ownership of the Northern Pipeline and (iii) 51% of the water storage rights in the Mojave Groundwater Bank In consideration of such transfer of assets approximately $51 million and provide up to an additional $350 million for development and construction of Mojave Groundwater Bank facilities Cadiz will retain 49% of the water storage rights and 100% of water supply purchase contracts entered into among Cadiz and public water systems Cadiz has established a special purpose entity The distribution of profits from revenues anticipated to be received by MGSC will prioritize MGSC investors until they achieve an annual yield of 7.5% with incremental distributions thereafter to the investors and Cadiz as the managing member and to low-income disadvantaged communities and Tribes participating in an advisory council The LOA does not create any binding obligations for the parties to close the contemplated transactions unless and until definitive agreements are executed and the parties intend to negotiate and finalize the definitive agreements as soon as practicable Any definitive agreement will be subject to conditions including the Lead Investor obtaining shareholder approval of the contemplated transactions please refer to the Company's Current Report on Form 8-K filed with the SEC today statements regarding Cadiz's expectation that the parties to the LOA will enter into binding definitive agreements and the transactions contemplated by the LOA will be consummated that Cadiz will realize the anticipated benefits from any such binding definitive agreements with the Lead Investor and that Cadiz will derive the anticipated financial benefits of the Mojave Groundwater Bank project Although Cadiz believes that the expectations reflected in these forward-looking statements are reasonable it can give no assurance that such expectations will prove to be correct Factors that could cause actual results or events to differ materially from those reflected in Cadiz's forward-looking statements include the risk that the parties to the LOA do not enter into binding definitive agreements or that if such definitive agreements are entered into any approvals by the Lead Investor's shareholders required to consummate the transactions contemplated by the LOA may not be obtained and the requisite funding in excess of the amount committed by the Lead Investor for construction of facilities for the Mojave Groundwater Bank may not be available on terms satisfactory to the parties or in sufficient amounts or the progress of the Mojave Groundwater Bank project may not proceed as planned could be terminated prior to consummation of the transactions contemplated thereby and other factors and considerations detailed in Cadiz's Securities and Exchange Commission filings including its annual report on Form 10-K for the year ended December 31 2023 and subsequent Exchange Act and Securities Act filings Financing Agreements Hydrogen facility at Cadiz Ranch site to use 100% solar power to produce 50 tons of green hydrogen per day to fuel zero-emission trucks LOS ANGELES, Oct. 23, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) announced today they have entered into an agreement to build California's largest green hydrogen facility at Cadiz Ranch in the Mojave Desert Cadiz will supply land and water to RIC Energy for the creation of industrial quantities of 100% green hydrogen using solar energy pipelines and interstate highways that intersect Cadiz Ranch will deliver green hydrogen to Southern California markets to fuel zero-emission trucks "Cadiz is proud to partner with RIC to bring this important new clean energy facility online," said Cadiz CEO Susan Kennedy "Cadiz sits at the crossroads of major rail and highway infrastructure in California's Inland Empire with thousands of acres for solar and an aquifer system larger than Lake Mead It is the ideal location for green hydrogen production - the largest hydrogen production facility in California." RIC Energy chose the Cadiz area for its first US facility after a six-month diligence process that evaluated several locations across the state off-grid green hydrogen production facility utilizing photovoltaic (PV) solar for its power supply on up to 3,000 acres of the Cadiz Ranch The new facility is expected to feature a combination of state-of-the-art technologies to create green hydrogen complying with the strictest regulations of IRA's Section 45V using on-site Cadiz water resources and fully renewable electricity generated from a local solar array Cadiz will supply up to 500 acre-feet of water per year for hydrogen production will be able to use green hydrogen and solar to power its water supply and groundwater banking operations "This is an exciting opportunity for RIC Energy," said Jonathan Rappe CEO of RIC Energy North America.  "We have clean energy facilities in 14 countries on four continents In a single location that is close to roads train lines and pipelines we have all the water land and sun right at hand to build and operate what will be one of the world's largest self-sufficient green hydrogen facilities to date." the clean energy facility will produce 50,000 kilograms of hydrogen per day to fuel zero-emission trucks and cars as well as be able to supply to many other California industries currently using fossil hydrogen Plans call for on-site electricity storage along with equipment to compress and liquefy the hydrogen for rail or road transportation The site at Cadiz is also ideal for possible future hydrogen pipelines serving the Los Angeles region The hydrogen can also be blended locally with natural gas for transport via on-site and nearby existing gas transmission pipeline networks with the objective of serving California's burgeoning hydrogen market and meeting California's mandate to deliver 90% clean electricity by 2035 the Alliance for Renewable Clean Hydrogen Energy Systems  RIC Energy's project at Cadiz is a Tier 2 ARCHES project its projects are expected to create over 200,000 green jobs in California and are forecast to generate $2.95 billion per year in economic value beginning in 2030 including significant health and healthcare cost savings from reduced pollution Forward-Looking Statements This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including statements regarding the Company's expectation that the RIC Energy hydrogen facility will be permitted constructed and operated on Cadiz property in the Mojave Desert Although the Company believes that the expectations reflected in our forward-looking statements are reasonable we can give no assurance that such expectations will prove to be correct Factors that could cause actual results or events to differ materially from those reflected in the Company's forward-looking statements are detailed in the Company's Securities and Exchange Commission filings including our Annual Report on Form 10-K for the year ended December 31 2023 and subsequent quarterly and current reports We undertake no obligation to publicly update any forward-looking statement Oil & Energy Alternative Energies Best in Travel is here! Discover 2025’s destinations The 30 best countries, cities and regions to visit in 2025 Plan your trip with Elsewhere, by Lonely Planet See where a Lonely Planet Membership takes you Subscribe to our weekly newsletters to get the latest travel news, expert advice, and insider recommendations Explore the world with our detailed, insightful guidebooks Stay ahead of the curve with our guidebooks Uncover exciting new ways to explore iconic destinations Every month, we release new books into the wild Search Search Close search menu Explore Best in Travel 2024 Africa Close menu Countries Antarctica Antarctica Close menu Regions Asia Asia Close menu Countries Australia & the Pacific Australia & the Pacific Close menu Countries The Caribbean The Caribbean Close menu Countries Central America Central America Close menu Countries Europe Europe Close menu Countries Middle East Middle East Close menu Countries North America North America Close menu Countries South America South America Close menu Countries Historic Cádiz offers a calmer gateway to Andalucía Known as Gadir when it was founded by the Phoenicians in 1100 BCE, the Andalusian city of Cádiz is Europe’s oldest continuously inhabited settlement as well as being Spain’s most appealing port city Three millennia of history have left an indelible mark on its ancient center which is surrounded almost entirely by water and was once a separate island.  but the city is still rich in historic sights and graceful The labyrinthine streets of this ancient city reverberate with the sounds of revelry from its tapas bars while Atlantic waves crash against the sea walls.  Home to Spain’s biggest Carnaval, Cádiz is also the most understated of all Andalucía’s cities. Less touristy and crowded than its busy siblings, Málaga and Seville this charming gateway city offers a genuinely laid-back Andalucian experience.  from the long sandy beaches to the south to the narrow Immerse yourself in characterful barrios (neighborhoods) and old-school tapas bars packed to the gills with garrulous gaditanos (Cádiz residents).  Whether you’re visiting for history and gastronomic delights or using the city as a springboard to the white towns of Andalucía here are 13 of the best things to do in Cádiz.  The old town in Cádiz is split into a series of distinct barrios – historic neighborhoods that date back centuries One of the best ways to get to know the city is to spend a day or two wandering these atmospheric districts on foot absorbing their distinctive architecture and unique personalities.  The oldest barrio is Barrio del Pópulo, home to the yellow-domed, baroque-meets-neoclassical Catedral de Cádiz don’t miss the intricately carved wooden choir and the tomb of renowned 20th-century composer Manuel de Falla (1876–1946) in the crypt Climb the bell tower for 360-degree views of the old city.  The area around Barrio de San Juan is the city’s main shopping district and it stands in the shadow of Cádiz’s loftiest watchtower Sitting between Barrio de San Juan and the sea is Barrio de la Viña bisected by lively Calle Virgen de la Palma the epicenter of the city’s Carnaval celebrations and the setting for some of the city’s best tapas bars.  Also worth exploring is the 18th-century Barrio del Mentidero, which encompasses the Gran Teatro Falla and the beautifully landscaped Parque Genovés and Jardines de la Alameda Planning tip: To avoid getting snarled in the narrow one-way lanes of the historic center leave your car in one of the car parks off Avenida del Puerto bus station and ferry terminal are within easy walking distance of the old town If you’re in Cádiz between February 16 and February 26 don your best costume and join the gaditanos for Andalucía’s biggest fireworks and more than 300 murgas (bands) The Cádiz Carnaval dates back to the 15th century when the tradition of costumed revelry was imported by homesick Genoese merchants.  sketches and satirical compositions during the Erizada (Sea Urchin Party) and Ostionada (Oyster Party) held on the two weekends preceding Carnaval before being judged by a panel at the Gran Teatro Falla during the main event Catch the murgas in action around the working-class Barrio de la Viña and between the Mercado Central de Abastos and Playa de la Caleta.  swing by the Centro de Interpretación del Carnaval on Calle Marqués del Real Tesoro to view the outlandish costumes and learn about every aspect of this spectacular celebration Planning tip: If you’re visiting Cádiz during Carnaval or stay in El Puerto de Santa María or Seville instead and catch ferries or trains to Cádiz to take in the celebrations.  Off Plaza de la Mina, the excellent Museo de Cádiz has a particularly strong archaeology section with unique Phoenician marble sarcophagi carved with human likenesses – the only examples of their kind found in the western Mediterranean.  Also notable are the bronze figurines from the Phoenician shrine to the god Melkart on the island of Sancti Petri. Roman finds include a 2nd-century marble statue of Emperor Trajan from Bolonia’s Baelo Claudia a reconstructed shipwreck with scattered amphorae funereal offerings and phallic fertility amulets.  Planning tip: Don’t limit yourself to the ancient history downstairs The museum’s upper floors showcase fine art from the 16th to 20th centuries as well as a collection of contemporary works.  To taste the best of Cádiz, go where the locals go. After feasting on some superlative tortillitas de camarones (shrimp fritters) at El Faro de Cádiz, elbow your way into nearby Casa Manteca and order the chicharrones (pork scratchings) or payoyo cheese with asparagus marmalade.  Next, pay a visit to La Tabernita, a popular, family-run haunt along Barrio de la Viña’s liveliest street, where you can chow down on cazón al coñac (dogfish in brandy) or cuttlefish ink “meatballs.” Continue to rustic-industrial La Candela in Barrio de San Juan and see inspired Andalucian-Asian fusion tapas dishes sail your way from the open kitchen Local seafood, especially tuna, should be at the top of your must-try list. Join the locals for tuna tartare at La Tapería de Columela or sample Basque-Analusian fusion dishes, including bacalao (salted cod) and dishes made with Almadraba tuna at Atxuri.  Along with Jerez de la Frontera and Seville, Cádiz is one of the crucibles of flamenco culture.  Set romantically next to the crashing Atlantic surf in Barrio de Santa María, cavernous Peña Flamenca La Perla captures the spirit of authentic flamenco in its prime mournful songs and intense guitar accompaniment welcome in the house dancers who leave audiences spellbound with their footwork.  By contrast, La Cava – Cádiz’s main tablao (choreographed flamenco show) – is a more touristy affair but patrons are drawn by its intimate taverna-style setting.  Detour: Combine two staples of Cádiz – flamenco and sherry – at Tabanco El Pasaje, the town’s oldest tabanco (sherry bar). Patrons can enjoy twice-daily flamenco sessions accompanied by old-school tapas and excellent sherries. Consult the Centro Andaluz de Flamenco library for more information on all things flamenco in Jerez especially during the Festival de Jerez from late February to early March.  Part of an 18th-century merchant’s residence, Torre Tavira is the tallest of Cádiz’s remaining watchtowers constructed during the 16th and 17th centuries to protect the city from pirates and allow merchants to see which ships were pulling into the port Around 100 of the city’s original 160 watchtowers still rise above the streets of the old town Torre Tavira is home to the "magic mirror" – Spain’s first camera obscura This ingenious device uses a mirror and two lenses to project live images onto a round concave screen in the darkened room below A pulley system allows viewers to zoom in on different parts of the Old Town.  Don’t forget to take in the views from the rooftop terrace you can spy on unsuspecting pedestrians and watch birds fly above the city’s watchtowers while your guide points out the principal landmarks and gives you an entertaining history of Cádiz hidden beneath the La Tía Norica puppet theater and accessed on free 40-minute daily tours the Yacimiento Arqueológico Gadir site includes both Phoenician and Roman remains.  Watch a CSI-style video discussing the skeleton of a Phoenician man who died in a fire in 600 BCE then follow a transparent walkway above atmospherically lit cobblestone streets and the remains of mud-and-clay houses complete with North African-style ovens and Roman-era vats used for producing garum (fermented fish) Detour: For more recent history, view puppets of the kind used in La Tia Norica in the 18th and 19th centuries at the Museo del Títere a small museum inside the Puerta de Tierra that highlights local and international puppetry traditions Cádiz is dotted with reminders of its 3000-year history, including ancient archaeological sites where visitors can step back a millennia or two. Cádiz’s Teatro Romano dates from the late 1st century BCE and it once hosted audiences of 10,000 spectators making it the second-largest theater on the Iberian Peninsula.  Hidden beneath a Moorish castle for centuries you can examine the artifacts unearthed during excavations then proceed through the vomitorium (a gallery beneath the seating area) to see the partially restored theater seats.  spectators during Roman times would have found themselves gazing at a grand stage flanked by statues of the gods rather than apartment buildings in need of a coat of paint In the heart of Spain’s oldest city, you’ll find the country’s oldest covered market, Mercado Central de Abastos fruit and vegetables from its stalls since 1838.  This popular market also serves as a casual dining hub where visitors and locals can savor traditional and creative tapas, local sherry and other epicurean delights. Just around the corner from the market, Plaza de Topete (Plaza de las Flores) is a green and intimate space where you can sample your gastronomic finds.  historic Calle Ancha is the city’s main shopping street traditional vendors and quirky boutiques lining this thoroughfare set inside stately buildings from the 18th and 19th centuries Notable landmarks on Calle Ancha include the former home of musician Manuel de Falla at number 19 and the Casa Palacio de Moreno de Mora (Palace of Mora) a flamboyant 19th-century residence at numbers 28 and 30.  Planning tip: Entry to the Palace of Mora is only possible on Wednesday mornings by appointment (email casapalaciodemora@gmail.com) and the interior is closed from July to August.  Much like the busy plazas that connect the city’s thoroughfares There are dozens of coffee shops and espresso bars dotted around the city where you can swing by for a cafe con leche (coffee with milk) or cortado (espresso with a splash of steamed milk).  Planning tip: For a more elaborate breakfast, book a table at Café Royalty this Cádiz institution features a gorgeous mirrored and frescoed interior It’s easy to see why Cádiz is touted as one of the most beautiful cities in southern Spain especially when you stroll through its verdant parks and gardens A tranquil escape in the historic center of Cádiz Parque Genovés is the largest green space in the city and a great spot to relax away from the bustle.  you can wander past plants and flowers from around the world and admire bubbling fountains and monuments commemorating local botanists creatives and prominent public figures.  The most popular spot is the manmade lake known as La Gruta (“The Cave”) with a waterfall and playful ducks to entertain younger visitors Look out for the statue of children under an umbrella inspired by a renowned novel by Jacques-Henri Bernardin de Saint-Pierre.  hundred-year-old fig trees in the jardines (gardens) along the Alameda Apodaca promenade and near Playa de la Caleta.  La Caleta is one of the best places to spend a day relaxing in the sun in Cádiz Moorish-style balneario (bathhouse) from 1926 provides restrooms and changing facilities the natural harbor keeps the water calm for swimming and the wide beach is a prime spot to soak up the rays or catch a glorious sunset.  natural retreat) and Playa de Zahara (for active family fun and water sports) family-run sherry producer founded in 1838 Tours run Monday to Saturday and end with a six-wine tasting Founded in 1772, El Puerto’s best-known sherry maker, Bodegas Osborne offers daily tours of its expansive facilities finishing with a four-wine degustation (book ahead) The superb gift shop stocks the sherry maker’s full range On the far side of town, 1830s-founded Bodegas Caballero offers two-hour tours from Thursday to Saturday, taking in the “wine cathedral” and the 13th-century Castillo de San Marcos near the waterfront the Lustau vermouth and the Ponce Caballero liqueur.  North of town, off the A-2078, Bodega de Forlong specializes in organically produced wines from Palomino Moscatel and Tintilla Roja grapes – the latter are native to the region Guided 90-minute tours on Saturdays culminate with a three-wine degustation.  Planning tip: Ferries from Cádiz to El Puerto de Santa María run every few hours taking 30 minutes to complete the crossing This article was adapted from the Andalucía guidebook published in February 2025. Officials with the Cadiz-Trigg County Planning Commission continue to home in on a proper job description for what may become a planning and zoning administrative assistant position within the community soon-to-be group treasurer Rick Clement said the body needed to agree on a list of duties and potential pay but that he had already drawn up a draft list of expected tasks + Working directly under the chairman of the Cadiz-Trigg County Planning and Zoning Commission less than eight hours per week but possibly up to 30 + Conducting site visits to properties discussed in meetings + Preparing legal notices for publications in local media + Preparing input for staff reports about zone changes + And providing advice to the Planning and Zoning Commission about state and federal regulations Clement added that he could possibly approach Murray State University or Hopkinsville Community College to see if an upperclassman needed coursework or work credit in this field — Clement said he would assume treasurer’s duties effective June 1 — Secretary Jim Mullen confirmed that several commissioners are taking care of needed training hours at Calvert City this Thursday A new Barkley Shores map has been signed and delivered to the Trigg County Clerk’s Office continues on a planning and zoning fee increase proposal that will be submitted to Cadiz City Hall likely before the end of May — Mullen also confirmed that the Planning Commission now has a copy of the county’s zoning ordinances pertaining to solar farms Trigg County might have address inquiries about zoning spaces for cryptocurrency and mining bitcoin — This group is also still seeking someone who can conduct on audit on their finances — And the body’s next meeting has been scheduled for Tuesday where a public hearing for annexation of Cadiz will take place A regular meeting will follow that presentation from office has been dismissed following a pretrial hearing in the Harrison County Probate Court Ohio — A legal effort to remove Cadiz Mayor R Kevin Jones from office has been dismissed following a pretrial hearing in the Harrison County Probate Court The case stemmed from allegations that Jones used a racial slur during a public event at the “Mark in the Park,” in August Many residents of the village were present during the status hearing No name calling because God doesn’t like that," concerned citizen Janette Burgins said The petitioners claimed that Jones was found to have used a racial slur against a black community member in Cadiz Jones' attorneys successfully argued that the complaint did not meet the legal requirements necessary to proceed as the petition signatures were not notarized following a lengthy meeting in chambers with visiting judge John Campbell defense counsel pointed out that the petitioners failed to attach any investigative findings to support their allegations say you made a mistake and then move on and hold the village in that respect instead of trying to duck or dodge around it -- the statements,” ” Village Councilman Eric Miller said and the people of the village are not telling the truth." Jones issued a formal statement regarding the dismissal: "I am pleased that the case has been dismissed my focus is on working together for the betterment of our village and its citizens we can create a brighter future for Cadiz." "Now council has to meet and decide if we are going to move forward on this and get notarized signature and start over or if we are going to come to a happy medium in between us and the mayor and we move forward for the purpose of the citizens in the village of Cadiz," Councilman Albert Peters said The next council meeting is set for 7 p .m Chairman and CEO Susan Kennedy to Participate in Conference's Water Infrastructure Panel LOS ANGELES, March 14, 2025 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz," the "Company") announced today that the Company will participate in the 37th Annual ROTH Conference being held Sunday March 18th at the Laguna Cliffs Marriott Resort in Dana Point the Company will host one-on-one investor meetings during the event For more information, please visit https://www.cadizinc.com.  (NASDAQ: CDZI/CDZIP) (the "Company") today announced that it has entered into a placement agent.. Long-time employee Eugenia “Gina” Bailey has officially began retirement following her twenty-one year service to the Cadiz Post Office Bailey was honored with a “Key to the City” presented by Mayor Todd King on Tuesday King expressed gratitude to Bailey for her work in the community Retired Cadiz Post Office Supervisor Mike McGill spoke on the positivity that Bailey brought and co-workers joined together to celebrate and recognize the work she did in her postal career Rain showers appear to be holding off for the rescheduled Cadiz Lions Club annual Easter Egg hunt taking over West Cadiz Park Saturday afternoon Lions Club member Marsha Pater told Your News Edge the hunt will start at 1:00 and things are being done a little differently in terms of the big prizes Children ages 1-10 can participate in the hunt Pater added that Cadiz Baptist Church is serving a free lunch beginning at Noon has announced a $20 million registered direct offering of 5,715,000 common stock shares at $3.50 per share The offering is expected to close with institutional investors around March 10 The net proceeds will fund the development of the Mojave Groundwater Bank project including equipment and materials for northern/southern pipeline construction starting in 2025 Funds will also support wellfield infrastructure The company expects reimbursement of project-related expenses through Mojave Groundwater Storage Company a new entity established for the project's construction serves as the exclusive placement agent for this offering un'azienda californiana specializzata in soluzioni idriche ha annunciato un'offerta diretta registrata di 20 milioni di dollari per 5.715.000 azioni ordinarie a 3,50 dollari per azione Si prevede che l'offerta si chiuda con investitori istituzionali intorno al 10 marzo 2025 I proventi netti finanzieranno lo sviluppo del progetto Mojave Groundwater Bank compresi attrezzature e materiali per la costruzione di condotte settentrionali e meridionali a partire dal 2025 I fondi supporteranno anche l'infrastruttura dei campi pozzi le spese in conto capitale e scopi aziendali generali L'azienda prevede il rimborso delle spese relative al progetto tramite Mojave Groundwater Storage Company (MGSC) una nuova entità costituita per la costruzione Roth Capital Partners funge da agente di collocamento esclusivo per questa offerta una empresa californiana de soluciones de agua ha anunciado una oferta directa registrada de 20 millones de dólares por 5,715,000 acciones ordinarias a 3.50 dólares por acción Se espera que la oferta se cierre con inversores institucionales alrededor del 10 de marzo de 2025 Los ingresos netos financiarán el desarrollo del proyecto Mojave Groundwater Bank incluidos equipos y materiales para la construcción de tuberías del norte y del sur que comenzarán en 2025 Los fondos también apoyarán la infraestructura de los campos de pozos los gastos de capital y fines corporativos generales La empresa espera el reembolso de los gastos relacionados con el proyecto a través de Mojave Groundwater Storage Company (MGSC) una nueva entidad establecida para la construcción Roth Capital Partners actúa como el agente de colocación exclusivo para esta oferta 캘리포니아의 수자원 솔루션 회사가 5,715,000주를 주당 3.50달러에 등록된 직접 공모로 2천만 달러를 발표했습니다 이 공모는 2025년 3월 10일경 기관 투자자들과 마감될 것으로 예상됩니다 순수익은 2025년부터 시작되는 북부/남부 파이프라인 건설을 위한 장비 및 자재를 포함하여 Mojave Groundwater Bank 프로젝트 개발에 사용될 것입니다 회사는 프로젝트 관련 비용을 Mojave Groundwater Storage Company (MGSC)를 통해 상환받을 것으로 예상하며 Roth Capital Partners는 이 공모의 독점 배치 에이전트로 활동합니다 une entreprise californienne spécialisée dans les solutions en eau a annoncé une offre directe enregistrée de 20 millions de dollars pour 5 715 000 actions ordinaires à 3,50 dollars par action L'offre devrait se clôturer avec des investisseurs institutionnels autour du 10 mars 2025 Les produits nets financeront le développement du projet Mojave Groundwater Bank y compris l'équipement et les matériaux pour la construction de pipelines nord/sud à partir de 2025 Les fonds soutiendront également l'infrastructure des champs de puits les dépenses d'investissement et les objectifs d'entreprise généraux L'entreprise s'attend à un remboursement des dépenses liées au projet par l'intermédiaire de Mojave Groundwater Storage Company (MGSC) une nouvelle entité créée pour la construction Roth Capital Partners agit en tant qu'agent de placement exclusif pour cette offre ein kalifornisches Unternehmen für Wasserlösungen hat ein registriertes Direktangebot über 20 Millionen US-Dollar für 5.715.000 Stammaktien zu je 3,50 US-Dollar pro Aktie angekündigt März 2025 mit institutionellen Investoren abgeschlossen wird Die Nettomittel werden die Entwicklung des Projekts Mojave Groundwater Bank finanzieren einschließlich Ausrüstung und Materialien für den Bau von Nord-/Süd-Pipelines Die Mittel werden auch die Infrastruktur der Brunnenfelder Investitionen in Sachanlagen und allgemeine Unternehmenszwecke unterstützen Das Unternehmen erwartet eine Erstattung der projektbezogenen Ausgaben über Mojave Groundwater Storage Company (MGSC) Roth Capital Partners fungiert als exklusiver Platzierungsagent für dieses Angebot Cadiz's $20 million registered direct offering at $3.50 per share represents a 11.6% discount to the current market price creating moderate dilution for existing shareholders The issuance of 5.72 million shares expands the outstanding share count by approximately 8.6% which is a meaningful but not excessive level of dilution The capital raise strategically addresses Cadiz's immediate funding needs for its Mojave Groundwater Bank development particularly for pipeline infrastructure and wellfield construction planned to begin in 2025 the company expects these expenses to be reimbursed upon closing project financing through its newly established entity MGSC effectively positioning this offering as bridge financing this offering provides necessary working capital while the company progresses toward the larger project financing The institutional investor participation signals some market confidence in the company's water infrastructure strategy though the discount required to secure the funding indicates investors demanded compensation for risk The financing structure demonstrates management's effort to advance capital-intensive projects while attempting to minimize long-term shareholder dilution through the planned reimbursement mechanism execution risk remains regarding whether project financing through MGSC will close as anticipated and whether full expense reimbursement will materialize as planned Net proceeds from the Offering may also be used for the equipment and materials related to wellfield infrastructure on land owned by the Company and its subsidiaries and operation of the Mojave Groundwater Bank and related projects View original content to download multimedia:https://www.prnewswire.com/news-releases/cadiz-inc-announces-20-million-registered-direct-offering-302395674.html Hundreds of children filled West Cadiz Park Saturday afternoon to participate in the annual Cadiz Lions Club Easter Egg Hunt When the signal was given at 1:00 the children scattered across the park to collect thousands of Easter eggs hidden by Lions Club member and volunteers Club treasurer Marsha Pater says this year’s event would not have been possible without some extra help due to the recent flooding click to download audioPater says the event continues to grow each year and that is one of the reasons the club enjoys hosting the Easter Egg hunt click to download audioPrior to the egg hunt members of Cadiz Baptist Church and Crossroads Fellowship served hot dogs to the participants and their families Crossroads Pastor Matt Shown says church members are happy to provide some extra fun on Easter Weekend click to download audioThe Cadiz Lions Club Easter Egg Hunt was originally scheduled for Saturday but was moved to the 19th due to recent flooding at West Cadiz Park The dates displayed for an article provide information on when various publication milestones were reached at the journal that has published the article activities on preceding journals at which the article was previously under consideration are not shown (for instance submission All content on this site: Copyright © 2025 Elsevier B.V. The City of Cadiz is considering legal action against restaurants within the city limits that are not paying the three percent tax Councilmember Susie Hendricks asked City Attorney Allen Wilson if they could pursue such legal action Wilson said the city could pursue legal action and Hendricks added that they need to enter the next steps in that process All restaurants in the city limits are required to charge the additional three percent tax that the city hands over to the Cadiz-Trigg County Tourist Commission five restaurants are currently delinquent on their restaurant tax payments Hyde did not provide the names of those restaurants The tax is due by the 15th of the following month restaurants that are behind on tax payments will be charged a penalty of five percent They will also be charged 12% annual simple interest on the unpaid amount The city can also make them pay for any legal costs that the city incurs while trying to collect the debt not paying taxes can be considered a Class A misdemeanor which could lead to up to 12 months in jail and a fine of up to $500 The Cadiz Rotary Club Radio Auction closed Friday night by announcing a record-breaking total for the “These Are My People” 2025 auction based on the 2007 Rodney Atkins #1 country hit of the same name wrapped up and far surpassed its $350,000 goal Co-chair Meg Hicks thanked the community for its teamwork this week Rotarian and President of Edge Media Group emphasized that although raising money was important it was equally significant that the community demonstrated genuine love for one another designed for boys and girls aged U12 to U18 provides a unique blend of intensive training and competitive play The tournament offers young athletes a chance to showcase their talents on an international stage competing against teams from diverse backgrounds participants will be immersed in a holistic soccer experience The event kicks off with an opening ceremony held at the official Cadiz CF Stadium Players will then have access to top tier training facilities ensuring they can hone their skills in a professional environment is proud to collaborate in this international tournament bringing together young soccer talents from around the world This event underscores our strong commitment to developing young players while strengthening our global presence in the sport" says Rafael Contreras GSD recognizes that a well-rounded experience extends beyond the field. Therefore, participants will enjoy accommodation in the beautiful beachfront: Hotel Cadiz Bahia a professional and balanced tournament schedule with federated referees is handled seamlessly by Cadiz CF and GSD allowing players to focus on their development "We are thrilled to host this exceptional youth soccer tournament in Cadiz offering young athletes an unforgettable experience Our commitment to player development is at the heart of this event says Global Soccer Development founder Eddie Loewen Cádiz achieved promotion to La Liga for the first time Since then Cádiz has played sixteen seasons in the first tier as well as spending several at the second level Global Soccer Development's mission is to impact providing a nurturing environment that challenges players while offering the necessary support for success co-founder of Global Soccer Development (GSD) and International Soccer Academy brings a wealth of experience and expertise to the organization A former player for Bundesliga club DSC Arminia Bielefeld Loewen's impressive background extends to representing the German National Team at two Beach Soccer World Cups Currently holding a UEFA - A coaching license Loewen has served as a coaching instructor for FIFA and CONCACAF His extensive leadership and deep passion for soccer continue to drive the ongoing success and commitment to player development at both Global Soccer Development and the International Soccer Academy For more information and details on how to register, click here to visit our website or call +1 (833) 473-8326 Media contact: Eduard Loewen, [email protected] Young soccer talents are set to experience world-class training as the highly anticipated **Elite German Soccer Camp** kicks off this summer,.. Entertainment General Sports Sporting Events Telecommunications Industry $50 million investment in Mojave Groundwater Bank would be the largest investment in water infrastructure off tribal-lands by Native American Tribes in U.S LOS ANGELES and WINDSOR, Calif., Nov. 25, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI) (the "Company" or "Cadiz") announced today that the Company and the Lytton Rancheria of California ("Lytton") have signed a Letter of Intent for Lytton to invest up to $50 million in the Company's groundwater banking project in the Mojave Desert ("Mojave Groundwater Bank") Lytton's investment would be the first major investment by a Native American Tribe in large-scale water infrastructure off tribal lands in U.S history.  With 2.5 million acre-feet of new water supply and an estimated 30 million acre-feet of water in storage today the Mojave Groundwater Bank will be the largest new groundwater bank in the Southwest The partnership between Cadiz and Lytton signifies a landmark collaboration in water resource management with Tribes holding a majority ownership stake in the Mojave Groundwater Bank This ownership structure empowers Indigenous communities to play a leading role in decision-making and investment in vital water projects Lytton Tribal Chairperson Andy Mejia stated we take our responsibility to be good stewards of the land and the environment seriously.  Working with other Tribal Governments Cadiz and other responsible environmental investors to develop a sustainable responsibly managed water source in these shifting times is something we want to be involved in.  With Tribal involvement in the direction and operation of this project we can ensure that all people have a chance to benefit from this critical water resource." Cadiz CEO and Chairperson of the Board Susan Kennedy also stated "We are proud and honored to create this groundbreaking partnership with Lytton to develop this important project for the benefit of underserved and indigenous communities Access to clean water will be the single greatest challenge many communities in California and the Southwest face in the coming decades.  We are grateful for the chance to be part of the solution." The Mojave Groundwater Bank is a clean water infrastructure project being developed by Cadiz in California's Mojave Desert.  The groundwater bank at Cadiz is located at the base of a 2,000 square mile watershed system fed by rain and snow in the high desert New York and Providence mountains The underground reservoir holds an estimated 30 - 40 million acre-feet of water in storage today – more water than is presently stored in Lake Mead and Lake Powell the two largest surface reservoirs in the United States The Mojave Groundwater Bank is expected to include more than 300 miles of pipelines that intersect California's water transportation network to provide new clean water supply and storage resources to underserved disadvantaged and tribal communities in the Mojave River Basin the Colorado River Basin and California's Inland Empire that presently lack access to clean Cadiz anticipates construction of the Project to begin in 2025 with initial water delivery targeted for as early as 2026.  For additional details regarding the LOI with Lytton Rancheria of California statements regarding Cadiz's expectation that the proposed transactions pursuant to the LOI will move forward and the parties thereto will enter into binding definitive agreements and that Cadiz will realize the anticipated benefits from such agreements Although Cadiz believes that the expectations reflected in our forward-looking statements are reasonable Factors that could cause actual results or events to differ materially from those reflected in Cadiz's forward-looking statements include the risk that the parties do not enter into binding definitive agreements or that requisite funding necessary for construction of facilities for the Mojave Groundwater Bank may not be available on terms satisfactory to the parties or in sufficient amounts or the progress of the project may not proceed as planned could be terminated prior to the completion of the project Green Technology (NASDAQ: CDZI) has signed a Letter of Agreement (LOA) with a lead investor for an investment of up to $175 million in the Mojave Groundwater Storage Company a new entity for the Mojave Groundwater Bank project a publicly traded water infrastructure-focused company joins previously announced tribal investors with total expected equity capital reaching $401 million Cadiz will transfer significant assets to MGSC MGSC will pay Cadiz $51 million and provide up to $350 million for development and construction Cadiz retains 49% of water storage rights and all water supply purchase contracts MGSC investors will receive priority distributions with a 7.5% annual yield The agreement remains non-binding until definitive agreements are executed and shareholder approval is obtained (NASDAQ: CDZI) ha firmato una Lettera di Accordo (LOA) con un investitore principale per un investimento fino a 175 milioni di dollari nella Mojave Groundwater Storage Company (MGSC) una nuova entità per il progetto Mojave Groundwater Bank un'azienda quotata in borsa focalizzata sulle infrastrutture idriche si unisce agli investitori tribali precedentemente annunciati con un capitale azionario totale previsto che raggiunge 401 milioni di dollari Cadiz trasferirà asset significativi a MGSC il diritto di passaggio del Southern Pipeline e il 51% dei diritti di stoccaggio dell'acqua MGSC pagherà a Cadiz 51 milioni di dollari e fornirà fino a 350 milioni di dollari per lo sviluppo e la costruzione Cadiz mantiene il 49% dei diritti di stoccaggio dell'acqua e tutti i contratti di acquisto di forniture idriche Attraverso l'East Mojave Water Company (EMWC) gli investitori di MGSC riceveranno distribuzioni prioritarie con un rendimento annuo del 7,5% L'accordo rimane non vincolante fino a quando non vengono eseguiti accordi definitivi e non viene ottenuta l'approvazione degli azionisti (NASDAQ: CDZI) ha firmado una Carta de Acuerdo (LOA) con un inversor principal para una inversión de hasta 175 millones de dólares en la Mojave Groundwater Storage Company (MGSC) una nueva entidad para el proyecto Mojave Groundwater Bank una empresa que cotiza en bolsa y se centra en infraestructuras hídricas se une a los inversores tribales anunciados anteriormente con un capital accionario total esperado que alcanzará 401 millones de dólares Cadiz transferirá activos significativos a MGSC el derecho de paso del Southern Pipeline y el 51% de los derechos de almacenamiento de agua MGSC pagará a Cadiz 51 millones de dólares y proporcionará hasta 350 millones de dólares para el desarrollo y la construcción Cadiz retiene el 49% de los derechos de almacenamiento de agua y todos los contratos de compra de suministro de agua A través de East Mojave Water Company (EMWC) los inversores de MGSC recibirán distribuciones prioritarias con un rendimiento anual del 7,5% El acuerdo sigue siendo no vinculante hasta que se firmen acuerdos definitivos y se obtenga la aprobación de los accionistas (NASDAQ: CDZI)는 Mojave Groundwater Storage Company (MGSC)에 최대 1억 7500만 달러를 투자하기 위해 주요 투자자와 협약서(LOA)를 체결했습니다 MGSC는 Mojave Groundwater Bank 프로젝트를 위한 새로운 법인입니다 이전에 발표된 부족 투자자들과 함께 총 예상 자본금이 4억 0100만 달러에 이를 것으로 예상됩니다 Southern Pipeline의 통행권 및 51%의 물 저장 권리를 포함한 중요한 자산을 이전합니다 그 대가로 MGSC는 Cadiz에 5100만 달러를 지불하고 개발 및 건설을 위해 최대 3억 5000만 달러를 제공합니다 East Mojave Water Company (EMWC)를 통해 MGSC 투자자들은 연 7.5%의 수익률로 우선 배당금을 받게 됩니다 이 협약은 최종 계약이 체결되고 주주 승인이 이루어질 때까지 구속력이 없습니다 (NASDAQ: CDZI) a signé une Lettre d'Accord (LOA) avec un investisseur principal pour un investissement pouvant aller jusqu'à 175 millions de dollars dans la Mojave Groundwater Storage Company (MGSC) une nouvelle entité pour le projet Mojave Groundwater Bank une entreprise cotée en bourse axée sur les infrastructures hydrauliques rejoint les investisseurs tribaux précédemment annoncés le capital total prévu atteignant 401 millions de dollars Cadiz transférera des actifs significatifs à MGSC le droit de passage du Southern Pipeline et 51% des droits de stockage d'eau MGSC paiera à Cadiz 51 millions de dollars et fournira jusqu'à 350 millions de dollars pour le développement et la construction Cadiz conserve 49% des droits de stockage d'eau et tous les contrats d'achat de fourniture d'eau À travers l'East Mojave Water Company (EMWC) les investisseurs de MGSC recevront des distributions prioritaires avec un rendement annuel de 7,5% L'accord demeure non contraignant jusqu'à ce que des accords définitifs soient exécutés et que l'approbation des actionnaires soit obtenue (NASDAQ: CDZI) hat einen Letter of Agreement (LOA) mit einem Hauptinvestor über eine Investition von bis zu 175 Millionen Dollar in die Mojave Groundwater Storage Company (MGSC) unterzeichnet eine neue Einheit für das Mojave Groundwater Bank-Projekt das sich auf Wasserinfrastruktur konzentriert tritt den zuvor angekündigten Stammesinvestoren bei wobei das insgesamt erwartete Eigenkapital 401 Millionen Dollar erreichen soll Im Rahmen des Vertrags wird Cadiz bedeutende Vermögenswerte an MGSC übertragen des Southern Pipeline-Rechtswegs und 51% der Wasserlagerungsrechte Im Gegenzug wird MGSC Cadiz 51 Millionen Dollar zahlen und bis zu 350 Millionen Dollar für Entwicklung und Bau bereitstellen Cadiz behält 49% der Wasserlagerungsrechte und alle Wasserlieferungsverträge Durch die East Mojave Water Company (EMWC) erhalten MGSC-Investoren vorrangige Ausschüttungen mit einer jährlichen Rendite von 7,5% bis endgültige Vereinbarungen unterzeichnet und die Zustimmung der Aktionäre eingeholt wird Cadiz's announcement represents a potentially transformative financing arrangement for its Mojave Groundwater Bank project The company has secured a letter of agreement with a lead investor willing to commit up to $175 million potentially unlocking total equity capital of $401 million when combined with other investors The structure of this deal is particularly noteworthy Cadiz will transfer significant assets to the newly formed Mojave Groundwater Storage Company (MGSC) Cadiz receives $51 million plus up to $350 million for development and construction costs while retaining 49% of water storage rights and 100% of water supply purchase contracts This appears to be an intelligent capital formation strategy that allows Cadiz to maintain significant economic interest while securing substantial development funding The profit distribution mechanism prioritizes a 7.5% annual yield for investors before additional distributions to Cadiz and community stakeholders The market should view this as a important de-risking event for the Mojave project though investors should note that the LOA remains non-binding and subject to definitive agreements and shareholder approval from the lead investor the scale of this potential $401 million investment underscores its significance to the company's future This LOA represents a important validation of Cadiz's water infrastructure strategy in water-stressed California The Mojave Groundwater Bank project addresses critical water security needs by leveraging aquifer storage capacity—effectively creating an underground reservoir that can bank excess water during wet periods for use during droughts The involvement of a publicly traded company specializing in water infrastructure investments as lead investor signals growing institutional recognition of the economic viability of large-scale water banking The investment structure—with Cadiz maintaining 49% of storage rights while receiving substantial development capital—creates an effective risk-sharing mechanism Particularly notable is the inclusion of federally recognized Tribes and disadvantaged communities in both the investment structure and ongoing profit distribution This stakeholder-inclusive approach helps address environmental justice concerns that have historically complicated water projects in the West The scale of investment ($401 million total equity with potential grant funding for remaining costs) suggests confidence in both the technical feasibility and regulatory pathway for the project While final agreements remain to be executed the specific terms outlined indicate advanced negotiations with detailed economic modeling of revenue streams and return structures for what could become one of California's most significant water infrastructure projects of this decade (NASDAQ: CDZI) (the "Company" or "Cadiz") announced today that the Company has entered into a Letter of Agreement ("LOA") with a lead investor to invest up to $175 million in the Mojave Groundwater Storage Company "This is the pivotal milestone we've been working towards," said Susan Kennedy View original content to download multimedia:https://www.prnewswire.com/news-releases/cadiz-signs-letter-of-agreement-with-a-lead-investor-for-an-investment-of-up-to-175-million-in-mojave-groundwater-bank-project-302391574.html LOS ANGELES, Nov. 4, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI/CDZIP) today announced that it has entered into a placement agent agreement for the purchase and sale of an aggregate of 7,000,000 shares of its common stock in a registered direct offering (the "Offering") at a price of $3.34 per share The aggregate gross proceeds to the Company from the Offering are expected to be approximately $23.38 million Heerema International Group Services SA ("Heerema") participated in the Offering maintaining ownership of approximately 34% of the Company's common stock The Offering is expected to close on or about November 5 subject to the satisfaction of customary closing conditions The Company intends to use the net proceeds from the Offering to advance development of its water supply and groundwater banking project which may include acquisition of equipment and materials intended to be used in construction of facilities related to its northern and /or southern pipeline projects which the Company expects to begin in 2025 Net proceeds from the Offering may also be used for the equipment and materials related to wellfield infrastructure on land owned by it and its subsidiaries the expansion of the business and acquisitions Riley Securities is acting as the sole placement agent in the registered direct offering Copies of the final prospectus supplement and accompanying prospectus relating to the offering may be obtained, when available, from: B. Riley Securities, 1300 17th Street North, Suite 1300, Arlington, Virginia 22209, Attn: Prospectus Department, by email at [email protected] or by telephone at (703) 312-9580 statements related to the Company's expectations with respect to the completion and timing of the closing of the registered direct offering and the intended use of proceeds No assurance can be given that the registered direct offering discussed above will be completed on the terms or timing described in this release or at all changes in market conditions and the satisfaction of customary closing conditions related to the registered direct offering This work, USACE and community partners celebrate completion of Cadiz Playground Accessibility Project, by Michael Davis, identified by DVIDS, must comply with the restrictions shown on https://www.dvidshub.net/about/copyright The community is coming through for the Cadiz Rotary Club during the annual Radio Auction with more than 100 items sold Tuesday night Cadiz Rotary Auction Chairman Beth Sumner closed out Tuesday night’s auction by noting a strong effort across the board click to download audio Through the first two nights the Cadiz Rotary Radio Auction has raised more than $76,100 Rotarian Beth Mann thanked the community for continuing to step up during this year’s auction click to download audioMann and Sumner said the Wednesday night auction will offer some special opportunities for members of the community to give and support the annual fundraising effort Click here for more details on this year’s auction A regional discount store chain will close its Cadiz location soon Roses Express employees were seen hanging a ‘Store Closing’ banner on the building Monday morning The store officially opened its doors with a ribbon-cutting ceremony in late June 2020 The store management and employees were unaware of the closing date but a sale offering up to ten percent off had already begun throughout the store was originally constructed as a Fred’s Super Dollar Fred’s occupied the space from September 2002 until it closed in late 2019 has announced a quarterly dividend declaration for Q1 2025 on its 8.875% Series A Cumulative Perpetual Preferred Stock Shareholders will receive $550.00 per whole share while holders of depositary shares (NASDAQ: CDZIP) will receive $0.55 per depositary share The dividend payment is scheduled for April 15 Cadiz maintains 45,000 acres of land in California manages 2.5 million acre-feet of water supply utilizing cost-effective water treatment filtration technology to address climate change impacts on clean water access ha annunciato la dichiarazione di un dividendo trimestrale per il primo trimestre del 2025 relativo alle sue azioni privilegiate cumulative perpetue di Serie A con un tasso del 8,875% Gli azionisti riceveranno $550.00 per ogni azione intera mentre i possessori di azioni di deposito (NASDAQ: CDZIP) riceveranno $0.55 per azione di deposito Il pagamento del dividendo è previsto per il 15 aprile 2025 con una data di registrazione del 4 aprile 2025 pipeline e soluzioni di trattamento dell'acqua Cadiz gestisce 45.000 acri di terreno in California amministra 2,5 milioni di acri-piede di approvvigionamento idrico e opera 220 miglia di infrastrutture di pipeline utilizzando tecnologie di filtrazione per il trattamento dell'acqua a costi contenuti per affrontare gli impatti dei cambiamenti climatici sull'accesso all'acqua pulita ha anunciado la declaración de un dividendo trimestral para el primer trimestre de 2025 sobre sus acciones preferentes acumulativas perpetuas de la Serie A con un rendimiento del 8.875% Los accionistas recibirán $550.00 por cada acción completa mientras que los titulares de acciones de depósito (NASDAQ: CDZIP) recibirán $0.55 por acción de depósito El pago del dividendo está programado para el 15 de abril de 2025 con una fecha de registro del 4 de abril de 2025 se especializa en soluciones de suministro Cadiz mantiene 45,000 acres de tierra en California gestiona 2.5 millones de acre-pies de suministro de agua y opera 220 millas de activos de tuberías utilizando tecnología de filtración de tratamiento de agua rentable para abordar los impactos del cambio climático en el acceso al agua limpia 캘리포니아의 물 솔루션 회사가 8.875%의 비율로 A 시리즈 누적 영구 우선주에 대한 2025년 1분기 분기 배당금 선언을 발표했습니다 반면 예탁주식 보유자는 (NASDAQ: CDZIP) 예탁주식당 $0.55를 받을 것입니다 기후 변화가 깨끗한 물 접근에 미치는 영향을 해결하기 위해 비용 효율적인 물 처리 필터링 기술을 활용하고 있습니다 une entreprise californienne spécialisée dans les solutions hydriques a annoncé la déclaration d'un dividende trimestriel pour le premier trimestre de 2025 sur ses actions privilégiées cumulatives perpétuelles de série A avec un taux de 8,875% Les actionnaires recevront 550,00 $ par action entière tandis que les détenteurs d'actions de dépôt (NASDAQ: CDZIP) recevront 0,55 $ par action de dépôt Le paiement du dividende est prévu pour le 15 avril 2025 avec une date d'enregistrement au 4 avril 2025 se spécialise dans les solutions d'approvisionnement Cadiz possède 45 000 acres de terres en Californie gère 2,5 millions d'acres-pieds d'approvisionnement en eau et exploite 220 miles d'actifs de pipeline utilisant une technologie de filtration de traitement de l'eau rentable pour faire face aux impacts du changement climatique sur l'accès à l'eau propre hat die Erklärung einer vierteljährlichen Dividende für das 1 Quartal 2025 auf seine 8,875% Serie A kumulierten ewigen Vorzugsaktien bekannt gegeben Aktionäre erhalten $550.00 pro voller Aktie während Inhaber von Depotaktien (NASDAQ: CDZIP) $0.55 pro Depotaktie erhalten werden -pipelines und -behandlungslösungen spezialisiert Cadiz verwaltet 45.000 Acres Land in Kalifornien verwaltet 2,5 Millionen Acre-Füße Wasserressourcen und betreibt 220 Meilen von Pipeline-Vermögenswerten und nutzt kosteneffiziente Wasseraufbereitungstechnologien um den Auswirkungen des Klimawandels auf den Zugang zu sauberem Wasser zu begegnen Cadiz's quarterly dividend declaration on its Series A Preferred Stock represents regular income maintenance for preferred shareholders The company is fulfilling its 8.875% dividend obligation with a $0.55 per depositary share payout maintaining its commitment to this class of securities This routine announcement primarily affects holders of the CDZIP ticker (preferred shares) rather than common stockholders (CDZI) The $550 per whole preferred share (or $0.55 per depositary share) payment follows the expected schedule with an April 15th payment date for holders of record as of April 4th this dividend represents a predictable and recurring obligation for Cadiz this reaffirms the income-generating purpose of their investment The company continues to meet its dividend obligations which suggests adequate near-term liquidity to satisfy these payments While this announcement doesn't provide new strategic information about Cadiz's water solutions business or significant changes to its financial position it does represent continuity in capital allocation policies For income-focused investors in the preferred shares this announcement confirms their expected quarterly return is secure for this period Holders of Series A Preferred Stock will receive a cash dividend equal to $550.00 per whole share each representing a 1/1000 fractional interest in a share of Series A Preferred Stock (Nasdaq: CDZIP) For more information, please visit https://www.cadizinc.com Safe Harbor Statement  This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 All forward-looking statements contained in this press release speak only as of the date on which they were made and are based on management's assumptions and estimates as of such date We do not undertake any obligation to publicly update any forward-looking statements View original content to download multimedia:https://www.prnewswire.com/news-releases/cadiz-inc-declares-quarterly-dividend-for-q1-2025-on-series-a-cumulative-perpetual-preferred-stock-302409211.html There weren’t many dry eyes during Monday morning’s 58th Annual Cadiz Rotary Radio Auction and W.J. Hopson Kick-Off Breakfast at the Lake Barkley State Resort Park’s Edward T. Breathitt Convention Center. A large wooden loon, carved by the creative hands of 87-year-old Arnold Chlupsa, went for a staggering $32,500 — moments before the long-time local and gifted artisan was named a prestigious Paul Harris Fellow by the Cadiz Rotary Club, after years and years of service to the Trigg County community. Loons, he said, are worth about $1,500 of his time — but the generosity of the community, and his time, is priceless. Even better: it was his first time at the breakfast, where for years his ducks and loons have gone for a pretty penny — and all in the name of youth and senior support in Cadiz and Trigg County. Auctions with Ducks Unlimited and The Turkey Federation, he added, helped turn his attention to something like the Cadiz Rotary Auction — and he’s lived in Trigg County since 1991, many of those years a close friend to Rotarian J.B. Moore. And it takes the right piece of wood, and the right bird, to create the right moment. Between the pristine Cundiff Ham, the “Bucket O’ Money,” a famed Penny Wallace Rum Cake and three famous “Hubcaps” inspired by the late Hattie Humphries Cheatham — former chef of Lake Barkley State Resort Park — Monday’s breakfast raised more than $35,000, or 10% of this year’s $350,000 goal. This year’s Cadiz Rotary Club “President’s Award” went to auction co-chair Beth Sumner, while “Rotarian of the Year” went to Jim Wallace — a member of the club since 1988, who according to Tim McGinnis has been doing “all the rum-running” for Penny over the years, but has also devoted himself time and again as a coach, mentor, superintendent and more. Print Cadiz Inc has been called a “zombie,” a “poison pill” and a scheme to “suck the desert dry” by draining a delicate groundwater aquifer north of Joshua Tree National Park and selling the water to wealthy coastal cities Now the political power brokers behind the California company have a new gambit It involves one of the few climate-friendly technologies that might find favor with the second Trump administration: green hydrogen Two weeks before the election, Cadiz announced a deal to supply groundwater to Spanish developer RIC Energy RIC would build a solar farm at Cadiz’s Mojave Desert ranch 160 miles northeast of downtown Los Angeles and use the electricity to split water molecules into hydrogen and oxygen atoms The energy developer would sell the clean-burning hydrogen for combustion in cars Cadiz agreed to buy 180 miles of steel pipe from the failed Keystone XL oil pipeline Cadiz will use the pipe for its groundwater project which it now says will be majority Indigenous-owned and largely supply water to low-income and tribal communities The news release announcing the Keystone XL deal includes a quote from Dave Archambault II, a former chair of the Standing Rock Sioux tribe who fought to stop a different oil pipeline from crossing the tribe’s reservation “I commend the Cadiz leadership for their vision of creating a better future for our children,” he said acknowledging that history is part of its public relations strategy formerly a California Air Resources Board spokesperson also assured me Cadiz is “virtually a new company” now Kennedy is as politically connected as it gets in the Golden State — cabinet secretary to former Gov former member of the Public Utilities Commission she was also communications director for the late Sen “We have massive resources for clean energy development out at Cadiz,” she told me “We have 45,000 acres of land with pristine plentiful water and a massive amount of sun So we can do green hydrogen at a very low cost with access to pipelines and rail lines to be able to move the product into the Southern California market.” Cadiz is still the same environmental disaster it’s always been Feinstein, Kennedy’s old boss, was the firm’s fiercest adversary. She worked furiously to block its project, writing in a 2017 opinion piece with state lawmaker Laura Friedman that Cadiz could “destroy the Mojave Desert.” For conservationist Chris Clarke — who hosts the 90 Miles from Needles podcast — the main problem with Cadiz is that it’s “so catastrophically wrongheaded to go to the driest place in North America as a source of water.” is that private investors want to profit by pumping and selling ancient groundwater from areas surrounded by beloved public lands including Joshua Tree and Mojave National Preserve “They keep coming up with different flavors of metaphorical Febreze to spray on this thing,” he said To hear Kennedy tell it, every claim raised by conservationists has been debunked. She’s preparing to sell water to high desert communities through an idle natural gas pipeline running northeast and to build additional pipelines to link up with the Colorado River Aqueduct using those leftover steel tubes from Keystone XL Connecting with the 242-mile aqueduct — which carries Colorado River water to coastal cities — is key to Cadiz’s plan to serve as a “groundwater bank” for the Southwest Cities and tribes would be able to store water in Cadiz’s aquifer during years when they have too much it might pay L.A.-area water agencies to take some of the water during a dry year agencies leaving some of their own water in Lake Mead — thus preventing Mead from crashing and helping Arizona avoid crippling water cuts and very beneficial to the environment,” Kennedy said She chairs the Sierra Club Angeles Chapter’s water committee and when I asked her whether Cadiz could benefit the Delta ecosystem Southern California’s main water wholesaler, the Metropolitan Water District, already has lots of storage facilities, Evelyn noted — at Lake Mead, Diamond Valley Lake in Riverside County and underground in the high desert And Cadiz, despite the power players on its board, hasn’t broken through in Sacramento. Gov. Gavin Newsom has thrown his political capital behind other massive water projects, most notably the $20-billion Delta tunnel is the nicest way for me to say that,” she said One of the biggest obstacles facing Cadiz may be a California law, signed by Newsom written specifically to stop the company from shipping water through the Colorado River Aqueduct unless the California State Lands Commission first determines its pumping “will not adversely affect the natural or cultural resources” of nearby public lands Kennedy insists this won’t be a problem — especially with Feinstein no longer in the Senate She plans to submit a rock-solid environmental analysis to the lands commission showing no adverse impacts Dianne Feinstein and Kamala Harris walk together at a 2017 summit at Lake Tahoe (Rich Pedroncelli / Associated Press) And if the lands commission still says no “They’re not going to say no,” Kennedy said “They’re using all of these groups of color to kind of be the face of what they’re trying to do,” Huerta said Maybe Cadiz can do some good for Western water supplies Maybe this isn’t the same company as before But it’s hard to fully trust someone telling you they’ve got no problems whatsoever and everyone who says otherwise is unassailably wrong is ultimately working for investors — the biggest of which is Dutch marine giant Heerema Group — who want badly to make a lot of money As I’ve written previously it’s a valuable tool in the energy transition It should be especially useful for cleaning up industries where switching from oil and fossil gas to electric power is too difficult or expensive steelmaking and possibly long-haul trucking Department of Water and Power plans to convert its gas-fired Scattergood Generating Station which sits along the coast near El Segundo Clendenin / Los Angeles Times) Just don’t believe fossil fuel industry ad campaigns implying we don’t need electric cars oil and gas in our passenger cars and power plants be sure to ask how it’s made: Is it being produced with fossil fuels or renewable energy RIC’s proposal to build a gigawatt of on-site solar — plus another gigawatt-hour of battery storage so as to keep making hydrogen even when the sun goes down — sounds great The company would ship the fuel to customers via some combination of trucking pipelines and the rail lines that conveniently run right past Cadiz’s ranch Also helpful: billions of dollars in planned federal funding for “hydrogen hubs” in California and other parts of the country, as well as hydrogen tax credits currently being finalized by the Biden administration That money is likely to survive the Trump administration considering continued oil and gas industry investment in hydrogen Did RIC have any concerns about working with Cadiz we’re used to a fair amount of opposition,” said Jonathan Rappe chief executive of RIC’s North American operations “We believe in the long-term environmental benefit of what we’re doing.” But even though Cadiz says the hydrogen facility would use 500 acre-feet of groundwater per year at most — a small fraction of the amount the company ultimately wants to pump — it would still be coming from the Mojave Desert This is the latest edition of Boiling Point, a newsletter about climate change and the environment in the American West. Sign up here to get it in your inbox. Or open the newsletter in your web browser here For more climate and environment news, follow @Sammy_Roth on X. Sammy Roth is the climate columnist for the Los Angeles Times. He writes the weekly Boiling Point newsletter and hosts the Boiling Point podcast, both of which focus on clean energy solutions. He previously reported for the Desert Sun and USA Today, where he covered renewable energy and public lands. He grew up in Westwood and would very much like to see the Dodgers win the World Series again. World & Nation Climate & Environment Subscribe for unlimited accessSite Map Please select what you would like included for printing: Copy the text below and then paste that into your favorite email application Luke’s Hospital with her loving family by her side Puerto Rico and was the loving daughter of Nilda Luz Cadiz Figueroa and Miguel Angel Garcia Nieves She had worked at Harvey Building Products Yarimar Rosa Garcia and Jose Manuel Rosa Garcia; grandchildren Yamaira’s visitation and funeral service will take place on Wednesday with a service to take place during this time Funeral arrangements are entrusted to Perry Funeral Home Enter your phone number above to have directions sent via text This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply Service map data © OpenStreetMap contributors