Could “angel investors” buy a piece of the Friant-Kern Canal?

An investor funding proposal that could substantially increase the Friant-Kern Canal’s historic flow capacity is gaining interest among the Friant Water Authority’s member districts.

In theory, that investor money could bump the amount of water that has historically flowed down the canal on the Central Valley’s eastern flank by up to 800 cubic feet per second — or more.

It wouldn’t be cheap.