Global fish feed leader Skretting to build in Homestead

Global fish feed leader Skretting to build in Homestead

Atlantic Sapphire employs 170 persons on 20 acres near Homestead. The world’s largest producer of feed for farmed fish plans to spend $80 million to build a feed mill near Homestead and hire 50 local workers to supply a neighboring indoor salmon farm already selling to more than 800 Publix markets. This story is premium content for our subscribers only. Unlock the full story and the entire edition with a Miami Today subscription! Already a subs…

Laxey raises €130 million for land-based salmon expansion

Laxey, the land-based salmon company that’s developing a 36,000 tonne capacity farm in Vestmannaeyjar, Iceland, has successfully completed a €35 million equity private placement.

Iceland’s Laxey completes €130 million financing round for land-based salmon project

Laxey raises €130 million to advance land-based salmon farming in Iceland. Laxey, a land-based salmon farming company based in Vestmannaeyjar, Iceland, has secured a total of €130 million in new capital to support the continued development of its facility targeting an annual production of 36,000 tonnes (HOG) of Atlantic salmon. The financing package includes €35 [...]

The land-based fish farming company Laxey, which plans to build a fish farm in the Vestmannaeyjar Islands with an annual production capacity of 36 thousand tons, has completed a share capital increase of approximately EUR 35 million and entered into a new long-term loan financing agreement with Arion Bank. The company aims to begin the first slaughter of fish in the autumn of this year, which is in line with the original timeline.