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Land-based

Salmon Evolution secures $148m loan for land-based facility in Norway

The loan will boost salmon producer's cash flow by refinancing its existing construction loan into a long-term, non-amortizing loan.

By Undercurrent News | March 29, 2023 18:19 BST
Salmon Evolution's pilot facility on the Norwegian island of Indre Haroy. Photograph from Salmon Evolution website
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Salmon Evolution has secured a binding loan agreement with lenders DNB and Nordea for a green debt financing package totaling NOK 1.55 billion ($148.7 million), the company announced Wednesday (March 29). [...]

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