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. …
If we did find a way to overcome the problems of cost and energy use, what would a world where all our food is grown in such farms look like? …
The company announced it is expanding that work, scaling its R&D capabilities by building the world’s largest and most advanced vertical farming research center in Laramie, Wyoming. The project is supported by a $20 million grant from the State of Wyoming through the Wyoming Business Council to the City of Laramie to help with construction and infrastructure costs. Additional funding, land and support for the project is being provided by the City of Laramie and the Laramie Chamber Business Alliance. …
Kalera Public Limited Company, a vertical farming company headquartered in Orlando, Florida, announced today that in the course of the court-supervised process in Germany over Kalera GmbH, the Kalera International business has been acquired by Growy Holdings BV, a Netherlands based indoor farming company. …
The Public Investment Fund has signed a joint venture agreement with AeroFarms, a US-based commercial market leader in vertical farming, to establish a company in Riyadh to build and operate indoor vertical farms in Saudi Arabia and the wider Middle East and North Africa (MENA) region. …
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