Land-Based Indoor RAS Triploid Atlantic Salmon Smolts Freshwater Raceway Yield 2026

Underwrite indoor freshwater recirculating aquaculture systems producing non-maturing triploid Atlantic salmon smolts (300g transfer size), biological filters, smolt contract sales ($3.80/smolt), and facility EBITDA.

Underwriting Assumptions

Annual Smolt Output (Millions of Smolts)

Off-Take Contract Price ($/300g smolt)

Egg, Feed & Oxygen Cost ($/smolt)

Chilled Water Power, Biosecurity & Staff ($/yr)

Projected Economics

Gross Annual Smolt Sales Revenue

Annual Biological Feed Expenditure

Net Annual Operating EBITDA