Sites Reservoir Wins State Water Right, Moving $6.2B-Plus Project From Permitting to Financing

The State Water Resources Control Board unanimously approved a water right permit for the 1.5 million acre-foot Sites Reservoir in Colusa and Glenn counties, removing the last major regulatory barrier to a project estimated at $6.2 billion to $6.8 billion and leaving its backers with a different problem: closing the financing.