Land-Based Indoor RAS Mediterranean Black Seabream / Cantil Yield 2026

Underwrite circular flow raceways rearing prized culinary Mediterranean Black Seabream (Spondyliosoma cantharus / Cantil, reaching 550g culinary table size in 12 months), gourmet wholesale pricing ($26.50/kg), and facility EBITDA.

Underwriting Assumptions

Annual Cantil Harvest (Metric Tonnes)

Wholesale Farm-Gate Cantil Price ($/kg)

Biological Feed Conversion Ratio (FCR)

Sustainable Marine Microalgae Pelleted Feed ($/kg)

Chilled RAS Power, Oxygenation & Labor ($/yr)

Projected Economics

Gross Annual Cantil Sales

Annual Feed Expenditure

Net Annual Operating EBITDA