Two Rivers Water & Farming Company announced that it has created a separate company to focus on its existing and future investments in water. The new subsidiary is Water Redevelopment Company. Water Redevelopment has completed its first initial seed capital of $257,000. After this first initial round, Two Rivers’ owns 99% of Water Redevelopment Company. Water Redevelopment Company will focus on development and redevelopment of infrastructure for water management and delivery. Water Redevelopments’ first efforts will be development projects in the Huerfano-Cucharas water basin located in southeastern Colorado where it currently owns water assets. This basin contains approximately 1,900 square miles and is the last undeveloped watershed in Colorado’s front range.