Fast-growing farm expands into region with acquisition

BABCOCK RANCH — Finn Farms, a hydroponic grower inside Babcock Ranch, a master-planned, solar-powered community on the border of Lee and Charlotte counties, has been sold.

Lake Worth-based Green Life Farms has acquired Finn Farms, according to a statement. Financial terms of the deal weren’t disclosed. The transaction, according to a statement, will provide Green Life Farms with full ownership of Finn Farms, including all site and equipment assets.

Finn Farms currently owns a 2.5-acre hydroponic greenhouse in Babcock Ranch, which has recently completed construction and commissioning. The facility uses Nutrient Film Treatment growing technology supplied by Green Automation, Novarbo, Priva and others, the release adds. The facility produces a wide range of leafy greens and herbs, including spinach and basil, and is expected to be fully operational and generating revenue in the third quarter of 2021.