– USA, CA – Cadiz, Inc. (NASDAQ: CDZI/CDZIP), a leading provider of clean water solutions, today announced the nomination of Maria Jelescu Dreyfus to its Board of Directors, bringing more than 20 years of strategy and financial experience including 15 years at Goldman Sachs and as the founder/CEO of Ardinall Investment Management.
“Maria has an impressive track record for identifying value investments and megatrends in the energy transition space. She brings decades of experience helping companies in traditional industrial sectors like energy and infrastructure transition to the high growth climate-solutions space,” said Executive Chair, Susan Kennedy.
About Maria Jelescu Dreyfus
Before founding Ardinall in 2017, Jelescu spent 15 years at Goldman Sachs, most recently as a managing director and portfolio manager for Goldman Sachs Investment Partners, focusing on energy, industrials, transportation, and infrastructure investments across the capital structure, in both public and private markets. She currently serves as a director on several corporate boards, including Pioneer Natural Resources, Nabors Energy Transition Corp, pension fund Caisse de Dépôt et Placement du Québec, and private boards in the energy transition space. She serves as the Vice-Chair of the advisory board of Columbia University’s Center on Global Energy Policy and also co-chairs their Women in Energy program.
Maria Jelescu Dreyfus earned a dual degree in economics and management science from the Massachusetts Institute of Technology.
Founded in 2017, Jelescu’s Ardinall is a 100% women and minority-owned independent investment firm focused on generating absolute returns through a fundamental investment process overlaid with a sustainability lens. The firm invests in companies with actionable catalysts and significant value unlocked through ESG transformation. Jelescu and her team identify changes occurring around climate change and sustainability and invest in the companies they see as uniquely positioned to advance with those changes.
“Of all the precious resources on the planet threatened by climate change, water is one of the most valuable,” said Maria Jelescu. “With extreme weather ravaging infrastructure around the globe, the investments necessary to manage, maintain and deliver safe drinking water for people will consume trillions of dollars in GDP over the next decade. Cadiz is extremely well-positioned to be a leader in the clean water solutions space, and I am excited to join the board at this critical inflection point in the company’s history.”
Jelescu’s nomination to the Cadiz board will be voted on at the Company’s annual shareholder meeting in June.
About Cadiz, Inc.
Founded in 1983, Cadiz, Inc. is a California water solutions company dedicated to providing access to clean, reliable, and affordable water for people through a variety of innovative water supply, storage, conveyance, and treatment projects.
Source: https://www.cadizinc.com/
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