Equilibrium Capital (EQ) has joined as a minority shareholder of Hessing with effect from May 25, 2023. Equilibrium Capital is an asset management company that invested in several greenhouse companies over the last couple of years.
AppHarvest has become the latest casualty in the US indoor-farming sector
to seek court protection under Chapter 11 bankruptcy proceedings.
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.
2022 saw a flurry of renewable natural gas (RNG)-related deals, including in anticipation of (and then in response to) the historic Inflation Reduction Act (IRA). Sustainability mandates and the growing maturity of RNG-related credit markets, as well as the IRA’s expansion of investment and production tax credits, drove increased transactions and historic valuation.
Suburban Propane Partners, L.P., a nationwide distributor of propane and other energy products, announced that its wholly-owned subsidiary, Suburban Renewable Energy LLC, reached an agreement to acquire a platform of renewable natural gas (RNG) assets from Equilibrium Capital Group. Along with a formed partnership to create a long term growth platform for the identification, development and operation of additional RNG projects.
Emerging carbon forestry markets are triggering potential opportunities to grow the use of CEA in seedling nurseries.
The most significant commitment to clean energy and carbon sequestration in US history has significant implications for Equilibrium’s portfolio strategies.
Equilibrium’s Controlled Environment Food and Carbon Transition Infrastructure strategies are inextricably linked to water risks and opportunities.