Salmon Evolution secures facility build funding

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.

Continue this article…

Already subscribed? SIGN IN now


Sign up for FREE to continue this article!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the commercial fishing and aquaculture sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the commercial fishing industry
  • Our extensive archive of data, research and intelligence

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!