Technology

Portugal's first offshore aquaculture project wins key approval

Just one final step from its license to operate, the developer of the sea bass and sea bream project plans to launch a €55 million ($58 million) funding round.

The latest approval received by Mariculture Systems defines the final location of the first offshore aquaculture facility in Portugal.
The latest approval received by Mariculture Systems defines the final location of the first offshore aquaculture facility in Portugal.Photo: Mariculture Systems
Correspondent
Published 13 November 2024, 08:44Updated 13 November 2024, 08:44
PortugalOffshore aquacultureseabassseabreamNorway