Re:Ocean seeking USD 226 million for land-based salmon farm in Sweden

Re:Ocean is seeking SEK 2.3 billion (USD 226 million, EUR 216.4 million) to develop a 10,000-metric-ton (MT) vertically integrated land-based Atlantic salmon farm in Säffle, Sweden.

Formerly known as Premium Svensk Lax, the company and project was recently rebranded. First proposed in 2020, the project calls for the construction of a 58,8000-square-meter inland salmon farm housing 88 tanks of varying sizes up to 25 meters in diameter, where salmon will be raised from egg to harvest.…

Photo courtesy of Re:Ocean