Honorable David
Sickey, Former Tribal Chairman of Coushatta Tribe of
Louisiana and Senior Consultant
with U.S. Department of Energy, will Assist with Energy and Water
Infrastructure Financing
LOS
ANGELES, July 26, 2024 /PRNewswire/ -- Cadiz, Inc.
(NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, announced
today the appointment of David
Sickey, the former distinguished Chairman of the Coushatta
Tribe, as Senior Advisor for Energy and Water Projects, effective
immediately. Chairman Sickey, an 18-year veteran of tribal
government, recently concluded two years of service as Senior
Consultant to the U.S. Department of Energy's (DOE) Loan Programs
Office focused particularly on the Tribal Energy Finance
Program.
"David is renowned for his passion and expertise in financing
large-scale energy and infrastructure projects that advance Tribal
sovereignty," said Susan Kennedy,
Chairman and CEO of Cadiz. "We could not be more fortunate to have
David working with Cadiz as we move into the financing and
construction phase of our water infrastructure projects."
Chairman Sickey commented, "Water is life and energy
independence is critical to tribal sovereignty. Indigenous people
are on the front lines of climate change, where every drought,
every hurricane and every heat wave is potentially life
threatening. I am immensely proud to work with the leadership
of Cadiz to bring urgently needed clean water, infrastructure and
financial resources to isolated and disadvantaged communities
including Tribes in the Southwestern U.S."
As a Senior Consultant for the DOE's Loan Programs Office,
Sickey played a pivotal role in the Tribal Energy Finance Program,
a program which saw its funding increase from $2 billion to $20
billion under the Biden administration's Inflation Reduction
Act. Sickey was instrumental in shaping the initiative to empower
tribal nations with sustainable energy solutions, assisting tribes
with financing a broad range of energy and infrastructure projects
- from solar and wind to microgrids, fuel cells, virtual power
plants and bioenergy projects. His analytical skills and
strategic communications were instrumental in aligning the
program with community values, while also respecting the
sovereignty and driving economic development of tribal
lands.
Sickey was elected to the governing body of the Coushatta Tribe
of Louisiana in 2003, and two
years later became tribal Vice-Chairman. In 2017, Sickey was
elected to the position of Tribal Chairman. During his
eighteen years as a member of tribal government, Sickey was focused
on restructuring and improving government programs, increasing
funding for health, education, culture, welfare, and elder
programs, and expanding economic development.
As Tribal Chairman, Sickey was responsible for steering the
Coushatta Tribe through the COVID-19 pandemic. He oversaw the
procurement and provision of health services, worked with numerous
federal agencies and officials to secure federal funding for
his tribe, and navigated the tribe's multi-million business through
the pandemic's unstable financial throes. Notwithstanding the
shutdowns and other significant hurdles imposed by the COVID
pandemic, the Coushatta Tribe's business grew stronger. Sickey
also helped the Coushatta Tribe overcome the impacts of multiple
natural disasters. He was instrumental in helping his tribe obtain
millions of dollars in state and federal grants that
benefited the tribe and its surrounding communities.
Throughout his years of dedicated public service, Sickey
positioned the Coushatta Tribe to be a leader in national native
American affairs, a partner with the State of Louisiana, a player in federal
matters affecting Indian tribes, and a force for positive change
throughout the United States.
Cadiz, with 45,000 acres of land and water in the Mojave Desert,
is developing one of the largest groundwater banking projects in
the Southwestern U.S. and is providing water supply and clean water
technology to disadvantaged communities in the Colorado River Basin
and California's Inland Empire and
desert communities, including Tribes that presently lack access to
clean, reliable water.
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, storage,
pipeline and treatment solutions. With 45,000 acres of land in
California, 2.5 million acre-feet
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.
Forward-Looking Statements
This release
contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements include, but are not limited to the
expected financing and construction of our water projects.
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, whether written or oral, that may be
made from time to time, whether as a result of new information,
future developments or otherwise.
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SOURCE Cadiz, Inc.