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Water trading is a voluntary exchange or transfer of a quantifiable water allocation between a willing buyer and seller. In a water trading market, the seller holds a water right or entitlement that is surplus to its current water demand, and the buyer faces a water deficit and is willing to pay to meet its water demand.
The combined company becomes the world's largest pure-play water technology company. The structure's projected pro forma revenue is $7.3 billion, with a global workforce of more than 22,000 employees. [12] The company's revenue for 2023 totalled $7.4 billion, exceeding the reported basis by 33%.
Private water companies have existed in the United States for more than 200 years and number in the thousands today. The private water industry serves more than 73 million Americans. [7] According to the National Association of Water Companies (NAWC), more than 2,000 facilities operate in public-private partnership contract arrangements. [8]
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The Catskill Aqueduct carries water to New York City over a distance of 120 miles (190 km), but is dwarfed by aqueducts in the far west of the country, most notably the 242-mile (389-km) Colorado River Aqueduct, which supplies the Los Angeles area with water from the Colorado River nearly 250 miles to the east and the 701.5-mile (1,129.0 km ...
The San Juan–Chama Project is a U.S. Bureau of Reclamation interbasin water transfer project located in the states of New Mexico and Colorado in the United States.The project consists of a series of tunnels and diversions that take water from the drainage basin of the San Juan River – a tributary of the Colorado River – to supplement water resources in the Rio Grande watershed.
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Construction on the project began in 1900, when The Eel River Power and Irrigation Company (later the Snow Mountain Water and Power Company) constructed the Cape Horn Dam and a one-mile (1.6 km), 8-foot (2.4 m)-diameter tunnel under the drainage divide to Potter Valley, at the headwaters of the East Fork Russian River. [7]