Craig Farm Katahdins
Investment:
Term Loan, Working Capital
Enterprise:
Craig Farm Katahdins provides sustainable vegetation management services for the solar energy industry through contract grazing of its growing flock of Katahdin sheep. Contract grazing ensures maximum exposure of solar panels to sunlight while reducing the fossil fuel usage, soil degradation, and other environmental impacts of gas-powered mowers to clear the solar sites.
Financing Purpose & Date:
Craig Farm received a line of credit and a microloan from Fair Food Fund’s collateral pool to finance equipment purchases and infrastructure improvements that will increase the burgeoning business’ capacity.