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Stek advises the Amsterdam Climate & Energy Fund in vertical farming investment

Lawyers:
Jasper Stek
Frans Haak
Marjolein Paulus
Paulien Boiten

The Amsterdam Climate & Energy Fund (AKEF) is investing in GrowX, which specializes in the building and exploitation of vertical farms. The investment is made partly in an equity stake and partly as a loan. The first project, GrowX Amsterdam, will be a multilevel ‘farm’ for salads and herbs in a 1300 m² empty office building, which will provide 180 tons of salads and herbs annually.