Land-Based Indoor RAS Mediterranean Sand Steenbras / Herrera Yield 2026

Underwrite circular deep-sand bottom raceways rearing prized culinary Mediterranean Sand Steenbras (Lithognathus mormyrus / Herrera, reaching 550g culinary table size in 12 months), gourmet wholesale pricing ($25.00/kg), and facility EBITDA.

Underwriting Assumptions

Annual Herrera Harvest (Metric Tonnes)

Wholesale Farm-Gate Herrera Price ($/kg)

Biological Feed Conversion Ratio (FCR)

Sustainable Marine Microalgae Pelleted Feed ($/kg)

Chilled RAS Power, Sand Bed Filtration & Labor ($/yr)

Projected Economics

Gross Annual Herrera Sales

Annual Feed Expenditure

Net Annual Operating EBITDA