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11.26.12

INDEPENDENT REVIEW OF WATER PURCHASE AGREEMENT SHOWS HIGH RISKS TO RATEPAYERS

As part of our efforts to review and comment on the draft Water Purchase Agreement (WPA), one of our partner organizations contracted with a highly respected and independent financial consulting firm, AC Consulting, to prepare an independent and objective analysis of the WPA. You can find the Executive Summary here and the full “Financial Analysis of the Carlsbad Seawater Desalination Project Water Purchase Agreement” here.

Press release announcing the analysis can be found here.