Vertical Harvest Says Westbrook Farm Foreclosure Case Dismissed After Debt Paid

Vertical Harvest says Westbrook farm foreclosure case dismissed after debt paid

Vertical Harvest says a foreclosure case involving its Westbrook indoor farm has been dismissed after the company paid outstanding debts.

Westbrook’s Vertical Harvest Faces Foreclosure Over $8.6 Million Loan as Questions Mount Over Public Financing

An $88 million hydroponic farming project in downtown Westbrook that received tens of millions of dollars in federally backed financing, state loans and other public support is now facing foreclosure over an approximately $8.6 million clean-energy financing agreement, adding another serious financial challenge to a project the Maine Wire previously reported was operating well below [...]

Westbrook’s Vertical Harvest faces foreclosure

The hydroponic farm obtained more than $8 million in C-PACE financing to fund qualifying energy improvements on the property.