Global Water Resources to Provide Water Services to Nikola’s New Zero-Emission Semi-Truck Manufacturing Plant
[NEWS RELEASE] Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has entered into a master utility agreement with Nikola Corporation (NASDAQ: NKLA) to provide water and wastewater services to Nikola’s new manufacturing plant in Coolidge, Arizona adjacent to Inland Port Arizona.
Nikola broke ground on its manufacturing facility where it plans to make hydrogen-powered and battery-powered Class 8 semi-trucks. Nikola plans to complete the initial phase of construction by mid-2021, with the follow-on phases completed within the next 12-18 months.
“We are excited to take this next important step with Global Water Resources, who has a reputation as a strong water resource manager and provider for the region,” commented Mark Russell, CEO of Nikola. “Our goal for this manufacturing site is to design it with the smallest environmental footprint possible, while making the highest quality products for our customers. Our engagement of Global Water reflects a shared commitment to a sustainable future for Arizona and beyond.”
