Land-Based Indoor RAS Salema Porgy / Sarpa (Sarpa salpa) Yield 2026

Underwrite circular flow raceways rearing herbivorous Mediterranean Salema Porgy (Sarpa, reaching 550g whole plate size in 12 months), wholesale pricing ($21.00/kg), and facility EBITDA.

Underwriting Assumptions

Annual Salema Porgy Harvest (Metric Tonnes)

Wholesale Farm-Gate Sarpa Price ($/kg)

Biological Feed Conversion Ratio (FCR)

Extruded Microalgae Marine Pelleted Feed ($/kg)

Chilled RAS Power, UV Sanitation & Labor ($/yr)

Projected Economics

Gross Annual Salema Porgy Sales

Annual Feed Expenditure

Net Annual Operating EBITDA