Aquaculture

Atlantic Sapphire inks deal for $25 million loan to finance next phase of land-based salmon project

The company's Phase 2 construction is aimed at producing 25,000 metric tons.

Atlantic Sapphire Chairman and co-founder Andreas Johannessen expects the company to be ready to handle fish by early 2023 under its Phase 2 expansion.
Atlantic Sapphire Chairman and co-founder Andreas Johannessen expects the company to be ready to handle fish by early 2023 under its Phase 2 expansion.Photo: Anders Furuset
Published 1 April 2022, 06:00Updated 1 April 2022, 13:45
Atlantic SapphireLand-based salmonUnited StatesNorwayFarmed salmon