There is some uncertainty by El Rico GSA with regard to this request because of the hidden nature of Sandridges operations. Looking back, he said he wouldnt make that sale today. That water would then be moved south through the aqueduct and banked in Semitropic. Even if I were to move water and sell it, it would be to farming operations.. Later, Page would run for and win a seat on the Kern County Water Agency board. Sunridge Partners (UK), LLP acts as the investment advisor for the Sunridge funds that invest in agribusinesses globally. SANDRIDGE PARTNERS, L.P. Company Number 201005600010 Status Active Incorporation Date 4 February 2010 (about 13 years ago) Company Type Limited Partnership - CA Jurisdiction California (US) Registered Address 920 WEST FREMONT AVE SUNNYVALE CA 94087 United States Directors / Officers JOHN VIDOVICH, LLC, general partner Inactive Directors / Officers John Vidovich, ultimately, followed in his fathers footsteps after obtaining a law degree from Santa Clara University School of Law. But the service area boundaries have yet to be determined. Mavens Notebook is an excellent daily accounting of California water happenings statewide. Ben holds a BComm in Economics and Finance with first class honours (Deans list) from the University of Melbourne and a BCompSc in Computer Science with first class honours from Monash University. This case was filed in Kern County Superior Courts, Kern County Metropolitan Division located in Kern, California.
Sandridge Partners, L.P. Company Profile | Los Altos, CA | Competitors var s = document.getElementsByTagName('script')[0]; Ultimately, he said, even if Boswell and Sandridge did move all their state water out of Kings County, its a fairly minor loss to the county. At face value, the Tulare Lake Canal Company is simply making sure a construction project doesnt harm its current or future operations. It specifically set aside $2.7 billion for water storage projects. We welcome you to contact us to discuss how we might partner to create mutually beneficial opportunities in the agribusiness sector. The data show thats already happening. At one point, he was moving nearly 30,000 acre feet a year, according to Angiolas records. U.S. Philipp holds a BA in Economics from Dartmouth College and an MBA from Harvard Business School.. Though the project is billed as flood control, the agreement also allows Vidovich to move groundwater. Page said Vidovich is a tough businessman but thats all. Now Eric Bischoff to Tell Story in Fresno. Freeway 41 Improvements Underway Between Ashlan and Shaw, The Fresno Forecast: Cool Temps, Even a Chance of Rain This Week, Haener Says Joining the Saints and Carr Is a Dream Come True, Yosemite Valley Reopens Early After Flooding Fears Subside, Four People Killed in Mass Shooting in Kern County Desert, California Bans New Diesel Trucks Starting in 2036, Rapper MoneySign Suede Dies in Soledad Prison Stabbing, California Passes 1st-in-Nation Emission Rules for Trains, Speaker Kevin McCarthy Blasts Russia Over Killing of the Children in Ukraine, Pilots Vote to OK Strike at American Airlines as Summer Travel Season Nears, Bidens Diverse Coalition of Support Risks Fraying in 2024, 11 Injured After Multiple Shooters Fire on Party Crowd in S. Carolina, 2 Teens Killed When Shooter Opens Fire at After-Prom House Party, Latest Russia Missile Attack on Ukraine Injures 34, Damages Homes and School, Emerging Eurasian Partnership: Armenia, Iran, and India Forge Ties, Unparalleled, Chinese Threat Includes Targeting Local Officials, Says FBI Director, Russian Missile Attack in Ukraine Kills 17 People, Including 3 Children, Big Raises for SCCCD Part-Time Faculty A Really Good First Step, But Just The First Step, Fresno State Announces Class of 2023 Graduate Deans Medalists, Trustees Have Many Questions, Say Much Work Remains on FUSD Budget Plan, Elected School Superintendent Could Lose Job Over DeSantis Criticism, Fresno Pacific Gets $750K in State Grants to Boost Teacher Training, Democrats Pushed to Keep Spending as Californias Budget Deficit Grows, How Proposed Changes to California Ballot Measures Could Affect Election Results. Your email address will not be published. Because, while he does farm thousands of acres of pistachios, almonds and grapes, many believe the only harvest Vidovich is truly interested in is water. Though he did sell a chunk of water rights to southern California in 2009, Vidovich scoffed at the idea that hes currently selling water to the southland. LEARN MORE ▸ What We Sell. Every move Vidovich has made, through Hurley and other public water districts, has been about gaining control of water, they say. Bilyana holds a BSc in Management with first class honours from Cass Business School and is an ICAEW Chartered Accountant. Theyve (Vidovich and Hurley) been way out front on SGMA, Mitchell said. Every step would require environmental oversight, permitting and public hearings. The comment letter from the Southwest Kings GSA, which Vidovich said he wrote the draft for, notes that subsidence from over pumping has been a large and ongoing problem in the Tulare Lake subbasin and the plan submitted to the state simply doesnt do enough to stem that downward trajectory.
SANDRIDGE PARTNERS | LinkedIn Trenching for the pipeline was slated to cut under the Tulare Lake Canal in late January but the canal company, which is controlled by Boswell, made several demands. All right reserved. Ben also has experience working in the investment banking division of Credit Suisses general industrials team. gcse.async = true; Vidovich, meanwhile, is accusing Boswell-backed groundwater agencies of dragging their feet on pumping reductions to the point their actions could sink the small, rural town of Corcoran up to another 11 feet. s.parentNode.insertBefore(gcse, s); Litigation is pending with respect to some of the suspected transfers, but not all., Sandridge is being sued by the Kings River Water Association, which claims it is moving river water outside its rightful place of use.. Stephen Vidovich retired but kept a watchful eye on the company, getting daily reports and giving advice, John Vidovich told the San Jose Mercury News after his fathers death. Crime Vidovich used the $73 million in 2010 to buy nearly 75 percent of the land in the Angiola Water District. It might be legal, but its not moral, Karen said of water leaving Kings. News, Politics The purpose of the pipeline is irrelevant, said Sandridge Attorney Marshall Whitney. Sunridge Partners actively seek investment opportunities that address the growing challenges in food and agriculture. Even if he has access to the California Aqueduct, Vidovich would have to jump through a lot of state hoops to move water independently of Semitropic.
A Farmer's Quest to Beat California's Waves of Drought and Deluge Im actually not supposed to talk about it.. Work with nature; dont fight it, Avila said repeatedly. Sunridge Partners provides patient capital, deep industry expertise and a hands-on approach to achieving outsized returns for all stakeholders. Comments from the Boswell camp got downright personal, calling out Vidovich by name and all but accusing him of hiding groundwater usage by moving it through pipes outside the area. That was the last straw for Pixley, which sued in 2013. Copyright 2023 SunnyGem. Smith, Walker and others fear that if large amounts of water continue to move out of Kings with little to no oversight from the state most smaller farmers will be driven out of a part of California they have called home for generations. Less surface water creates a greater need to pump from underground, which lowers the water table for all users. Vidovich has said he only moves local groundwater to other lands he farms in Kings County. Your California Privacy Rights / Privacy Policy. Bilyana is involved in the financial oversight of Sunridge Parners and its portfolio companies. Left, a cracked, ripened walnut skin at Steve Walker Farms in Hanford, California. He was previously also a consultant for Bayer Crop Science and BASF Agriculture in Seeds and Traits with a focus on Wheat. SANDRIDGE PARTNERS | 16 followers on LinkedIn. Thats true of the entire San Joaquin Valley, where he said farmings footprint is retracting because of pumping restrictions looming under the states new groundwater law. He owns the land next to the aqueduct where the reservoir would be built and is the one who brought the floodwater project idea to Semitropic a few years ago. Its unclear if Boswell is selling surface water on a regular basis, but according to invoices obtained by SJV Water, the company did sell 49,000 acre feet of its Kings River water out of the county for $47.5 million in 2015 and 2016 and another 35,000 acre feet of river water for an undisclosed amount in 2019. But a pipeline, which Vidovich is allowed to build under the Semitropic agreement, could span that distance. We have an exceptional and experienced customer service and quality control team that supports our efforts and assist our customers with any questions they may have about our products. Our Top Picks But, in the last five or 10 years, only corporate guys have been coming in. All the rest of that stuff its just jealousy and innuendo, jealousy and innuendo, jealousy and innuendo.. Kings Officials Unhappy About Water Proposal, Local Water Guys Eyeing Kings River Flood Water. However, state and water district records indicate the Boswell and Sandridge water is largely staying in the valley. Our unique focus on food and agriculture, allows us to better understand particular agribusiness needs faster and have in-depth sector and sub-sector expertise bringing solutions to your business. Doug Verboon, a Kings County farmer and member of the county board of supervisors, sounds weary when he talks about Kings Countys water. They set the ground rules, and once the rules are set, people play the game.. Number three, water from Angiola cant physically get to Semitropics proposed storage cells. The giant JG Boswell Company has little love for Sandridge Partners. Until you know whos pumping how much, its hard to make a plan, he said in February.
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