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Siguler Guff and Waterside Commercial Finance Refinance AeroFarms to Bolster Vertical Farming Initiatives
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Siguler Guff and Waterside Commercial Finance Refinance AeroFarms to Bolster Vertical Farming Initiatives
AeroFarms, a pioneering indoor vertical farming company, has successfully refinanced its debt with the support of Siguler Guff and Waterside Commercial Finance, signaling a robust push towards sustainable and profitable agriculture. This financial restructuring, which includes an asset-based loan and equity funding from existing investors, aims to sustain operations at its Danville, Va., facility and fund pre-construction activities for a second…
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