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RAS salmon farmer Atlantic Sapphire restructures loans to better finance expansion

By improving its borrowing capacity up to $21.6 million, Atlantic Sapphire believes it can remain fully funded until its new RAS facility in Florida begins producing in 2020

By Undercurrent News | Oct. 12, 2018 15:49 BST
Johan Andreassen, the CEO of Atlantic Sapphire, leads a tour of his future RAS plant in Miami, Florida. Photograph by Jason Huffman.
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Atlantic Sapphire, one of the two Norwegian companies building recirculating aquaculture system (RAS) Atlantic salmon farms in the US, says it has secured improved loan terms in order to better finance its expansion efforts [...]

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