Tag: Califia
Califia Partners, LLC Announces Its SEC Form D Filing for Its New Water Resources Investment Fund, Beneficial Use Partners I, LLC
California’s drought continues, but there are innovative solutions. Califia Partners, LLC’s new fund, Beneficial Use Partners I, LLC, has commenced its initial funding round for its acquisition of rights to substantial sustainable sources of clean water deliverable to Southern California communities at competitive prices with a minimum of environmental impact. Beneficial Use Partners I, LLC intends to use this funding to acquire untapped sequestered aquifers (small isolated water basins), prove their viability as ecologically responsible sustainable sources, and sell the water on an ongoing basis to water districts in the region at prices more advantageous to them than their alternatives. ... Read more