Tag: AgTech

Storey, Plenty’s co-founder and chief science officer, discusses the company’s latest developments. Read...

SAN DIEGO and SOUTH SAN FRANCISCO, Calif., Feb. 21, 2023 /PRNewswire/ — Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, and Plenty Unlimited Inc. (“Plenty”) today announced that they have entered into a strategic real estate alliance to support the development of Plenty’s indoor vertical farms. 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. Read...

SOUTH SAN FRANCISCO, Calif.–(BUSINESS WIRE)–Plenty Unlimited Inc. has spent nearly a decade devoted to advancing the emerging technology field of indoor agriculture. Today, 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 (LCBA). Read...