Icelandic land-based salmon farmer First Water completes second closing, raising a total of $99 million

With the capital raise, the financing of the first phase of First Water's land-based salmon farm is now guaranteed.

"We have a great project in hand, which is reflected in that we completed a successful funding despite difficult market conditions," First Water CEO Eggert Kristofersson said. — "We have a great project in hand, which is reflected in that we completed a successful funding despite difficult market conditions," First Water CEO Eggert Kristofersson said.Photo: Landeldi

Hanna Gezelius

Published 3 October 2023, 04:30Updated 3 October 2023, 04:30

Land-based aquaculture Land-based salmon Iceland First Water Investments