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Aker invests in post-smolt production

Atlantic Salmon Recirculating aquaculture systems (RAS) Offshore aquaculture +4 more

Aker has announced a deal to invest NOK 155 million (£13 million) in the post-smolt producer Gaia Salmon, equating to 25.3 percent ownership in the company.

A plan of the Gaia Salmon facility

It is being designed to produce around 7,200 tonnes of post-smolt salmon a year © Gaia Salmon

Gaia Salmon is building a post-smolt production facility at Træna, Norway, with annual capacity of up to 7,200 tonnes.

Aker is invested in offshore aquaculture through SalMar Aker Ocean (SAO). In conjunction with Aker’s direct investment in Gaia Salmon, SAO has signed a non-binding agreement with Gaia Salmon for delivery of post-smolt for offshore salmon farming. The strategic cooperation will improve SAO’s access to post-smolt, which is an enabler for scaling offshore farming operations.

Rodo Landbasert holds approximately 45 percent ownership of Gaia but Aker says it has the right to increase its ownership, related to potential next steps of development in the company.