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"There was very good interest in the capital raise and the issue was oversubscribed," Nordic Aquafarms Europe CEO Bernt Olav Rottingsnes said. Photo: Nordvik, Haakon

Nordic Aquafarms Europe raises $8 million to accelerate its land-based yellowtail kingfish operations

The funds will partly be used to accelerate the conversion from salmon production to yellowtail kingfish.

12 January 2023 14:27 GMT Updated 12 January 2023 14:27 GMT

By Hanna Gezelius

and Anders Furuset

Land-based fish farming group Nordic Aquafarms Europe recently raised millions in new capital to help accelerate its conversion from raising salmon to growing yellowtail.

The company recently raised NOK 90 million (€8.4

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Aquaculture

Nordic Aquafarms Europe raises $8 million to accelerate its land-based yellowtail kingfish operations