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. …
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. …
On the cusp of opening its Compton, California, farm, Plenty Unlimited Inc. is beginning its expansion to Southern California in partnership with Bristol Farms, the leading specialty gourmet grocer. Outside of local markets in the Compton community, Plenty leafy greens will be available in Southern California exclusively at Bristol Farms for the remainder of the year. This marks the first time Bristol Farms has carried indoor, vertically grown produce, furthering the grocer’s commitments to innovation and freshness. …
Plenty Unlimited Inc. today announced it has secured up to 120 acres of land near Richmond, Virginia, to build the largest, most advanced indoor vertical farm campus in the world. The centrally located Plenty Richmond Farm Campus marks Plenty’s expansion beyond the U.S. West Coast and will bring fresh, healthy produce to the East Coast year-round. Plenty plans to deploy several large-scale vertical farms on the campus in the coming years, with a potential annual production capacity exceeding 20 million pounds across multiple crops including strawberries, leafy greens and tomatoes. …
One year after announcing their joint research and development work to grow strawberries indoors, Driscoll’s and Plenty Unlimited Inc., are expanding their relationship to build a new indoor vertical farm dedicated exclusively to strawberries. …
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