Massive land-based salmon project backed by Nutreco, American Seafoods board members loses executives as it struggles to raise funds

Several land-based projects have struggled to reach financing goals and meet expected targets for start dates as investors cooled on the sector. But there are signs interest is heating up in the sector once again.

Hallvard Muri, co-founder and chairman of land-based salmon farming operation West Coast Salmon, says the project has faced a challenging economic climate for fundraising.
Hallvard Muri, co-founder and chairman of land-based salmon farming operation West Coast Salmon, says the project has faced a challenging economic climate for fundraising.Photo: Elin Høyland
Published 16 February 2023, 17:41Updated 16 February 2023, 17:48