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VetaNova acquires 157-acre Colorado greenhouse complex

VetaNova acquired this 157-acre greenhouse complex in Colorado

AVONDALE, Colorado, June 14, 2021 (GLOBE NEWSWIRE) — VetaNova, Inc. announced today it has acquired 157 acres greenhouse complex, which will be developed into a solar powered vertical growing facility to provide year-round farm fresh fruits and vegetables to local outlets in Colorado.

The Avondale Complex currently has a 90,000 sq ft state of the art computer-controlled greenhouse with 14-foot gutters and a 15,000 sq ft processing facility. The Company expects to build additional growing and processing capacity at the Avondale Complex over the next several years.

John McKowen, CEO of VetaNova stated, “Infrastructure and electrical costs have kept most urban growing facilities from being profitable. VetaNova can build its growing and processing facilities for one-third the cost of urban infrastructure and has significantly lower electrical costs because of large adjacent solar arrays. Our facilities are also situated in a rural area just off I-25, which enables us to make daily deliveries of locally grown farm fresh produce to all the major metropolitan areas in Colorado.”

Investor Contact:
John McKowen
Chief Executive Officer
(303) 248-6883
john@vtanva.com