Kern Water Bank
Public-private partnership in California, US
From Wikipedia, the free encyclopedia
The Kern Water Bank is a public-private partnership which oversees a 32 sq mi (83 km2) water recharge basin in California.[1][2] It sources water from the Kern River, the State Water Project, and the Central Valley Project.[3] It stores underground up to 1,500,000 acre⋅ft (1,900,000 ML).[4]
57% of the bank is controlled by Stewart Resnick and Lynda Resnick, the owners of Pom Wonderful and Halos oranges. In 2021, their stake was estimated to be worth over $1 billion.[5]