Cadiz executes guaranteed maximum price construction contracts for Northern Pipeline project, pegs capex at $403.3 million

• Cadiz affiliate Fenner Gap Mutual Water executed CMAR construction contracts with guaranteed maximum prices for the Northern Pipeline conversion project.
• Contracts set estimated capital expenditures to place the pipeline into service at about $403.3 million.
• Pricing framework intended to support project financing for the Mojave Groundwater Bank, including a bid for up to $194 million in WIFIA funding.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cadiz Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607281705PR_NEWS_USPR_____LA14285) on July 28, 2026, and is solely responsible for the information contained therein.