The WestWater Team

Clay Landry
Managing Director

Clay Landry is the managing director and a principal of WestWater Research, a consulting firm providing water-marketing and water-asset-valuation services to a range of public and private sector clients. Landry has negotiated and advised on major water transactions throughout the United States. Recently, he assisted a major power generation company in leasing more than 10,000 acre-feet of water for drought emergency water supplies. Currently, he is advising and managing an auction of municipal effluent water rights expected to bring more than $50 million in proceeds for a small city in Arizona. Under Landry's management, WestWater has advised on more than $500 million in water transactions. In addition, Landry works regularly with private equity and hedge funds in structuring deals and sourcing funds for water development and acquisition projects. Prior to founding WestWater Research, Landry was an associate at the Political Economy Research Center (PERC), a public policy research institute that specializes in market approaches to natural resource management.

Landry is recognized as a leading authority on water pricing and is routinely called upon as an expert witness by clients such as the IRS, U.S. Department of Interior, Indian tribes, municipal governments and private companies. He has also worked internationally on water-marketing issues in Australia, Brazil, and the United Kingdom. Landry serves as an associate editor for Water Resource Impact, a monthly publication of the American Water Resources Association, and was previously the finance and regulation editor for Global Water Intelligence, an international water industry news magazine published in London, U.K. With a strong commitment to market-based stewardship, Landry helped establish the Montana Water Trust, a private non-profit that buys and leases water rights for stream flow protection. Landry holds a master's degree in agricultural and resource economics from Oregon State University and a bachelor's degree in economics from the University of Wyoming.