Indoor farm in Westbrook secures nearly $60 million in financing, with 2025 opening in view
PORTLAND PRESS HERALD • April 24, 2024
The developers of a four-story hydroponic farm said Wednesday they have secured nearly $60 million in financing to wrap up construction and begin operating early next year in the city’s downtown. Vertical Harvest Farms, an indoor farming company focused on microgreens, said $59.5 million in financing will advance its work to develop and operate the 51,000-square-foot vertical farm. The Westbrook business is expected employ 47 workers, with half the workforce including people with intellectual and physical disabilities, CEO Nona Yehia said.