Aquaculture

Sweden’s first land-based salmon farm nabs $51 million from European Investment bank

With the support of the EIB and other investors, the group plans to move forward with construction and ramp up to full production by 2026.

Sweden-based Re:Ocean's land-based salmon farm concept. The project is backed by Axfood, Coop, and ICA -- three of Sweden's largest retailers.
Sweden-based Re:Ocean's land-based salmon farm concept. The project is backed by Axfood, Coop, and ICA -- three of Sweden's largest retailers.Photo: RE:Ocean
Published 22 December 2022, 08:59Updated 22 December 2022, 08:59
Land-based salmonLand-based aquacultureFarmed salmonSwedenRe:Ocean