The Kingfish Company inks new contract with RAS supplier Billund for further expansions

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Yellowtail land-based farmer The Kingfish Company inked a contract Monday with recirculating aquaculture system (RAS) supplier Billund Aquaculture for the expansion of its Netherlands facility.

The company began trading on the Oslo Stock Exchange's Euronext Growth on Nov. 25, after successfully raising NOK 535.5 million (€50.2 million/$59.2 million) in a private placement.

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The capital raised will go towards further expansion of its Netherlands facility and potentially fast track the permitting and engineering process at its US facility, as well as other corporate needs at the Dutch site.