Eden Green Technology, a next-generation vertical farming company, today announced that it has broken ground on a new vertical farming greenhouse, next to its R&D greenhouse in the Dallas-Ft Worth Metroplex. Existing investment partners are investing $12 million into Eden Green Technology as part of the development deal.
The new 1.5 acre facility, situated in an opportunity zone in Cleburne, Texas, will produce approximately 500 tons of leafy greens per year for its local offtake partners. The new facility will rely on 99% sunlight, rather than 100% LED lighting, and recycled water of up to 7,500 gallons a month.
"If the pandemic has taught us anything, it's the need for our communities to work together to make smart, sustainable, and resource-efficient decisions in pursuit of a better future," said Eddy Badrina, CEO of Eden Green Technology. "The fact is that land, water, and energy aren't being used efficiently to produce and distribute our food, and if we want to be responsible shepherds for future generations, we need to embrace solutions that maximize productive yield and profitability using our limited resources. This facility symbolizes a paradigm shift for how capital investment is being leveraged to do the most good where it's needed."
Scalable to any 1.5-acre footprint in almost any climate, the Cleburne facility is an example of Eden Green Technology's turnkey platform. These greenhouses, with their patented vertical farming technology, are available to retailers and food distributors, entrepreneur-led investor groups, nation states and municipalities, and philanthropic ventures and foundations. The company's plans include partnering with companies and organizations not only in Texas, but also in other domestic and international locations. The company projects that there will be more than 20 greenhouses around the world by 2024.
For more information:
Eden Green Technology
hello@edengreen.com
+1 (254) 253-5481
www.edengreen.com