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

Underwrite circular flow raceways rearing herbivorous Mediterranean Salema Porgy (Sarpa salpa / Salema, reaching 450g culinary table size in 10 months on sustainable macroalgal feed), gourmet wholesale pricing ($24.50/kg), and facility EBITDA.

Underwriting Assumptions

Annual Salema Harvest (Metric Tonnes)

Wholesale Farm-Gate Salema Price ($/kg)

Biological Feed Conversion Ratio (FCR)

Sustainable Macroalgal / Ulva Pelleted Feed ($/kg)

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

Projected Economics

Gross Annual Salema Sales

Annual Feed Expenditure

Net Annual Operating EBITDA