Norwegian land-based salmon farmer Salmon Evolution has signed a NOK 525 million (€51 million/$61 million) construction loan and NOK 385 million (€38 million/$44 million) term loan, both with Nordea and Sparebanken Vest.

The company has also signed a NOK 100 million ( €9.8 million/$11.6 million) overdraft facility with Nordea.

On April 16, Salmon Evolution announced it had signed a term sheet with Nordea and Sparebanken Vest for a $ 75 million debt package, and on June 25 it signed a long-term loan of NOK 140 million (€13 million/$16 million) with Innovation Norway.