80 Acres Farms
Trellis Loop Florence I, LLC (TLF), a wholly owned subsidiary of 80 Acres Urban Agriculture, Inc. is developing and operating a vertically integrated, controlled-environment, hydroponics grow-out facility in Florence, KY. TLF will grow produce indoors without sunlight or pesticides, utilizing robotics, artificial intelligence, and a closed-loop water system.
The TLF project was the first project in the country to utilize a USDA Food Supply Chain guaranteed loan, a Business and Industry guaranteed loan, and a Rural Energy for America guaranteed loan. The Blue Ridge Bank Government Guaranteed Lending team structured, underwrote, and closed $75 million of financing this project.
The project involves purchasing and renovating an existing building into a state-of-the-art, hydroponic, vertical farming operation. Loan proceeds will equip the building with the necessary machinery and equipment to create a 100% climate-controlled environment for producing, harvesting, packaging, and distributing leafy greens, microgreens, berries, and tomatoes.