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Icelandic land-based salmon farmer First Water secures €39m in share increase

Iceland's First Water has raised $42.1m from existing shareholders to fund expansion of its land-based salmon farming operation, bringing total equity financing to €161m

By Undercurrent News | March 26, 2025 10:32 GMT
Visualization of First Water's land-based salmon farm in Thorlakshofn, Iceland. Credit: First Water
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Iceland's First Water has raised €39 million ($42.1m) from existing shareholders to fund the expansion of its land-based salmon farming operation, bringing total equity financing to €161m, the company said. [...]

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