Land-Based Indoor RAS Gilthead Seabream (Sparus aurata) Raceway Yield 2026

Underwrite high-salinity recirculating aquaculture systems for premium Mediterranean Gilthead Seabream (reaching 500g in 11 months), wholesale sushi/restaurant market pricing ($16.80/kg), and facility EBITDA.

Underwriting Assumptions

Annual Whole Harvest (Metric Tonnes)

Wholesale Farm-Gate Market Price ($/kg)

Biological Feed Conversion Ratio (FCR)

Marine Pelleted Feed Cost ($/kg)

Chilled RAS Power, Water Treatment & Labor ($/yr)

Projected Economics

Gross Annual Seabream Sales

Annual Feed Expenditure

Net Annual Operating EBITDA