Land-Based Indoor RAS Mediterranean Blackspot Seabream / Besugo Yield 2026

Underwrite circular deep raceways rearing prized culinary Mediterranean Blackspot Seabream (Pagellus bogaraveo / Besugo, reaching 800g restaurant size in 14 months), gourmet wholesale pricing ($28.50/kg), and facility EBITDA.

Underwriting Assumptions

Annual Besugo Harvest (Metric Tonnes)

Wholesale Farm-Gate Besugo Price ($/kg)

Biological Feed Conversion Ratio (FCR)

High-Protein Marine Microalgae Pelleted Feed ($/kg)

Chilled Deep RAS Power, Pure O2 & Labor ($/yr)

Projected Economics

Gross Annual Besugo Sales

Annual Feed Expenditure

Net Annual Operating EBITDA