Vertical Farming Company Plenty Files for Bankruptcy After Raising Nearly $1B
In its statement, Plenty said it has received a commitment for $20.7 million in debtor-in-possession financing as part of a proposed restructuring plan. …
Plenty
Plenty Hires VP of Plant Science and Architecture Firm to Advance Development of World’s Largest Vertical Farming Research Center
Plenty Unlimited Inc. announced significant updates supporting the development of its new R&D facility, which will be the largest and most technologically advanced indoor vertical farming research center in the world. …
Plenty Expands Distribution to All California Whole Foods Market Stores and Gelson’s Markets
Plenty Unlimited Inc. announced it has doubled its retail presence, making its zero-pesticide leafy greens readily available to Californians with its expansion to all Whole Foods Market stores and Gelson’s Markets throughout the state. …
Plenty Opens World’s Most Technologically Advanced Indoor Vertical Farm in Compton
Plenty announced the opening of the Plenty Compton Farm – the world’s most technologically advanced indoor vertical farm, designed to grow up to 4.5 million pounds of leafy greens annually in a single city block in Compton, California. …
Realty Income and Plenty Announce Strategic Alliance for up to $1B of Vertical Farm Development
Under the terms of the agreement, Realty Income will acquire and provide development funding for properties that will house Plenty’s indoor farms. These properties will be leased to Plenty under long-term net leases. The agreement provides for up to $1 billion of development opportunities. …