Resource Innovation Institute (RII), which provides sustainability best practices for CEA producers, announces the addition of Equilibrium’s Director of Research, Kimberley Player, to its board.
In March 2022, a consortium led by US-based fund manager Equilibrium and backed by PSP Investments and Temasek, acquired a majority stake in Perfection Fresh, one of Australia’s largest privately owned produce companies and one of the country’s biggest players in controlled-environment agriculture.
The Kentucky business deliver a $166.2m net loss in its 2021 fiscal year. AppHarvest, a US-based controlled environment farming business, is raising US$40m through a share offer.