Construction remains on track at Andfjord's Kvalnes build-out, as the land-based salmon farming company reports its second quarter and half-year 2024 financial results.
The equity raise will be used to finance design and engineering work on its aquaculture facility, which is planned to produce 6,000 tonnes of rainbow trout per year.
"The confirmation of when Salfjord can start production is a crucial milestone for the investment decision," said the company's Chair, Jan Harald Hauvik.