This land-based salmon farmer is already making history

The $900 million project is the most ambitious private construction project in the country.

First Water CEO Eggert Kristofersson at the company's site 45 kilometers south of Reykjavik.
First Water CEO Eggert Kristofersson at the company's site 45 kilometers south of Reykjavik.Photo: Drew Cherry/IntraFish
Published 18 June 2025, 05:48Updated 18 June 2025, 15:46
Land-based salmonLand-based aquacultureFarmed salmonFirst WaterLaxey