AppHarvest Coming To Eastern KY

AppHarvest has announced it has closed an $82 million deal with Equilibrium Capital to build the company’s 60-acre greenhouse in Morehead, Kentucky.In addition, ValueAct Spring Fund has led the company’s Series A, with existing investor Revolution’s Rise of the Rest Seed Fund also participating.Construction will begin immediately on the company’s first controlled-environment agriculture facility in Appalachia with its opening planned for 2020.

Source: MG News

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