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Due Diligence Complete, Nordic Aquafarms Decides to Move Forward With Aquaculture Facility on the Samoa Peninsula

EUREKA, CA – Nordic Aquafarms, an international leader in land-based aquaculture, today announced that its Board of Directors has approved proposed investment plans to complete permitting for a RAS aquaculture facility on the Samoa Peninsula in Humboldt County, California.

This will be the company’s second proposed land-based aquaculture facility in the US, and the first commercial scale RAS facility on the West Coast. According to Nordic Aquafarms´ CEO Bernt Olav Roettingsnes, the expansion is aligned with the company´s U.S. strategy of building its facilities close to the regional markets it plans to serve.

“We are now proceeding on both U.S. coastlines after having verified ideal development sites, competitive solutions for power and clean water access, and overall favorable conditions for development ” says Erik Heim, president of Nordic Aquafarms Inc. “The Humboldt location will enable us to reach more than 50 million people within a 12-hour drive or less, which reduces the cost and environmental impact of transportation while supplying the market with sustainably raised local fish.”…

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