WestWater has completed a series of water transactions totaling more than $60 million on behalf of the Central Arizona Groundwater Replenishment District (CAGRD) since 2013. The transactions were completed as part of the CAGRD Water Supply Program, currently the largest water acquisition program in the United States.
The transactions included:
WestWater serves as transaction manager for the CAGRD Water Supply Program, providing due diligence, negotiation, and deal origination services. The acquisition program is expected to acquire an estimated $100 million in water assets over the next five years with a projected program budget of $1 billion by 2035.