Kurs & Likviditet
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| Land | Norge |
|---|---|
| Lista | Euronext Growth Oslo |
| Sektor | Handel & varor |
| Industri | Dagligvaror |
2023-11-06 08:00:04
6.11.2023 08:00:01 CET | Andfjord Salmon | Non-regulatory press releases
Andfjord Salmon has announced today that construction work at its land-based
salmon farming facility at Kvalnes is progressing ahead of schedule, which
significantly de-risks the build-out project.
Andfjord Salmon is currently developing its Kvalnes facility, targeting an
initial production capacity of 8,000 tonnes (HOG) from 2025 for the first
build-out phase at Kvalnes, Andøya. The company is targeting a total production
capacity of 40,000 tonnes at Kvalnes through a gradual increase between 2025 and
2030.
Rock pit excavation for the current build-out phase has now reached 60 percent
completion. The first of the two planned rows of pools - housing six pools - has
already been excavated. The diggers and dump trucks have now started excavating
the adjacent second row of pools.
"We are delighted with the pool pit progress, which is ahead of schedule. This
adds flexibility to our plan which helps to de-risk the overall build-out
project," says Martin Rasmussen, CEO of Andfjord Salmon.
In line with its sustainability profile, Andfjord Salmon has adopted a mass
balance approach for the current build-out phase, whereby excavated masses from
pool pits and waterways are used in the development of a new harbour at Kvalnes.
Every day, as many as 300 dump truck loads are transported from the pits to the
harbour area. The excavated masses will be used to develop a quay and a
breakwater. The mass balance approach considerably reduces both operating costs
and CO2 emissions associated with the build-out.
Both the harbour area and waterways workstreams are progressing as planned.
CONTACTS
* Investors: Bjarne Martinsen, CFO, Andfjord Salmon AS, +47 975 08 345,
bjarne.martinsen@andfjord.no
* Media: Martin Rasmussen, CEO, Andfjord Salmon AS, +47 975 08 665,
martin@andfjord.no
ABOUT ANDFJORD SALMON
Located at Kvalnes on the island of Andøya on the Arctic Archipelago of
Vesterålen, Norway, Andfjord Salmon has developed an innovative and sustainable
aquaculture concept for land-based farming of Atlantic salmon, based on a
flow-through technology solution. The company's ambition is to build the world's
most sustainable and fish-friendly aquaculture facility of its kind.
Andfjord Salmon AS is listed on Euronext Growth under the ticker ANDF.
www.andfjordsalmon.com - http://www.andfjordsalmon.com/