Last week it was announced that AKVA group and its new strategic partner and major shareholder gave five million dollars in a convertible loan to AquaCon, a Norwegian company that will build three land-based salmon farms in the United States.
On Monday morning, Skretting owner Nutreco announced a $2.5 million convertible loan to AquaCon. According to the plan, Skretting will supply feed to AquaCon.
Read also: Why would AKVA group choose to act as a bank for land-based salmon farmers?
“Since 2019, Nutreco has invested in five other land-based aquaculture projects, as it believes this is one of many protein production methods we need to feed the nearly ten billion people expected to populate the planet by 2050,” a press release from Nutreco said. Monday morning according to E24 .
“We are very pleased to have Nutreco as an anchor investor,” said chairman of the board Henrik Tangen to E24.
AquaCon will build three land-based salmon farms on the east coast of the United States for one billion dollars, with a total capacity of 45,000 tons of salmon.
