Tag: plenty

[Plenty in PR Newswire] Realty Income and Plenty announce strategic alliance for up to $1 billion of vertical farm development

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...

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[Plenty in Business Wire] Plenty building world’s largest vertical farming research center to advance indoor agriculture

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...

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[Plenty in Business Wire] Plenty partners with Bristol Farms in SoCal expansion

SOUTH SAN FRANCISCO, Calif. & CARSON, Calif.–(BUSINESS WIRE)–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. Read...

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