Land-based salmon farmer secures $10 million loan agreement by using farms as collateral

AquaBounty announced earlier this year it is selling its Indiana farming operation to bolster its balance sheet and increase cash reserves.

Sylvia Wulf, CEO of AquaBounty, is overseeing the sale of its Indiana farm. — Sylvia Wulf, CEO of AquaBounty, is overseeing the sale of its Indiana farm.Photo: IntraFish

Rachel Sapin

Published 19 April 2024, 20:05Updated 23 April 2024, 05:59

AquaBounty Sylvia Wulf Recirculating Aquaculture Systems (RAS)Genetically Modified salmon Proximar Seafood