GoodLeaf Farms, the largest vertical farming company in Canada, has secured $78 million in syndicated debt financing from CIBC and Farm Credit Canada to support new indoor facilities in Calgary and Montreal opening later this year.
Amid an ever-expanding set of green financial instruments and offerings, sustainability-linked derivatives (SLDs) have arisen as an option. SLDs tie the derivate’s performance to how well an entity keeps to its ESG key performance indexes, incentivizing adhering to ESG.
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