Equilibrium plans to invest more than $110 million to back its portfolio company Revol Greens, as it expands into Texas through a four-phase construction of what it says will be the world’s largest indoor lettuce facility.
Revol Greens, a Minnesota-based producer of greenhouse lettuce, has plans to locate a new a manufacturing operation in Temple, Texas.
Understanding social impact is critically important to operational success and investor returns. In this article, Equilibrium summarizes its thinking around reporting on the human aspect of the firm’s Sustainability Framework 2.1.
Episode 35 of Tip of the Iceberg Podcast features an interview with Nick Houshower of private equity firm Equilibrium, a major investor in the greenhouse produce space, including with Little Leaf Farms, Revol Greens, AppHarvest and Houwelings.
Sustainable finance has officially gone mainstream. As of 2019, $30.7 trillion is held in sustainable or green funds, representing a third of all assets under management. And the share is growing quickly, with many funds reporting record flows into sustainable investment products during the first half of 2020.
On the heels of closing its $68 million funding round, led by Equilibrium Capital, Revol Greens BB #:358676 is adding Michael B. Wainscott to the newly created role of Chief Financial Officer.
The Kellogg School of Management is now the host of the Moskowitz Prize, which is the premier global prize for research in sustainable finance and is awarded each year “to the paper best representing outstanding research on sustainable and responsible investing and the financial implications of responsible business practices in capital markets.”
The Development Bank of Japan (DBJ) has made an undisclosed investment in Equilibrium Capital’s Controlled Environment Foods Fund II, becoming the first regional Asian investor to do so.
Credit Suisse Asset Management will partner with Equilibrium to expand the resources through which each of them is able to make capital available to industries and businesses that share in their mutual commitment to sustainability.
Concerns about the resiliency of the food supply chain went from conceptual to concrete when the COVID crisis shut down railroads and stranded ships.