Iceland’s First Water secures €39m in share increase

First Water, a company specialising in sustainable land-based salmon farming in Þorlákshöfn, Iceland, has completed a share capital increase amounting to €39 million. The capital raise was led by existing shareholders, including Stoðir hf, FW Horn slhf, Framherji ehf, Lífeyrissjóðurverslunarmanna, Brú lífeyrissjóður, Líra ehf and LSR.