Chris Janiec
Florida-headquartered Wish Farms, to which Gladstone has immediately leased the 324 acres of farmland in Salinas, plans to produce organic and conventional strawberries, as well as rotations in vegetables.
Co-founders Adam Waglay and Dustin Beck say donating a portion of profits from KKR spinout's $520m debut fund will help it to deepen connections in the food industry.
Chief operating officer Nicole Neeman Brady told the Global Climate Action Plan Summit late last year that government support for the solar industry provided a useful model for fostering private water investments.
Signs of eroding barriers between largely separate corners of the markets are generating excitement and offer hints for managers looking to meet new demand.
Chief executive Chris Rawley says new vehicle will offer 10-12 percent annualized returns through agricultural investments that harness incentives included in the Tax Cuts and Jobs Act of 2017.
Head of rural research Andrew Shirley says some businesses are looking ahead to post-Brexit subsidy reforms, but the market remains 'unpredictable and highly polarized.'
Derek McDowell, MD at seller Boyne Capital, says the sales process attracted 'pretty robust' interest from private equity and strategic buyers.
Development Finance Institute Canada makes its first direct agribusiness investment.
The $9.2m deal comes two years after the olive producer received a $35m investment to support a doubling of its acreage.
Soros Economic Development Fund principal Jocelyn Songco says the first-loss tranche provided to the Yield Uganda Investment Fund shows how impact finance can adapt to unorthodox strategies in high-risk sectors.