Aquaculture

Salmon Evolution secures facility build funding

2023-04-12T15:38:00

Salmon Evolution's first smolt release at Indre Harøy

Source: Salmon Evolution

Salmon Evolution has secured a finance package that will be used to complete construction on its first production facility at Indre Harøe.

The loan agreement totalling NOK 1,550 million with DNB and Nordea will be used to found both phase 1 and phase 2 of the development, plus improve cash flow and give the company a significantly lower margin.

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