PRESS RELEASE

November 2021

Norwegian Salmo Terra are now taking the next step and will begin construction of their first land-based Grow-Out facility, located on Øygarden just outside Bergen, Norway. Danish aquaculture technology supplier, Graintec, will deliver all parts of the fish farm based on the Recirculation Aquaculture System (RAS) technology.

In the beginning of 2022, the construction of the new facility will take off, and phase one is expected in production in first half of 2023. Phase one has the capacity to produce 2700 tons of Atlantic Salmon annually. After completion of phase 2 the total production capacity will reach 8000 tons annually and will therefore be one of the largest land-based grow-out facilities in Norway.

Harald Schreiner Fiksdal, Managing Director, SalmoTerra

“Our clear vision is to create optimal conditions for the well-being of the fish in our visionary RAS plant. We wanted a supplier to partner up with, a partner with shared values and visions. Graintec has a long project-history within large projects. They understood our expectations and supported us in creating peace of mind for our investors for this great project in Bergen. “

Michael Mortensen, CEO, Graintec

” SalmoTerra is a well-worked project and with very talented people on board. We are looking forward to a long partnership as trusted advisor. SalmoTerra marks an important milestone for Graintec as this is our first fish farm project. Having supplied salmon feed plants and feeding solutions for more than two decades we have a long track-record in delivering complex projects to the salmon industry. Graintec is committed to develop sustainable aquaculture technology. We have invested heavily in building up RAS competences and have developed a unique RAS concept that will allow SalmoTerra to realize their vision of farming sustainable salmon of highest quality.

For further contact about the SalmoTerra project please contact:

CEO SalmoTerra                                                        CEO Graintec

Harald Schreiner Fiksdal                                       Michael Mortensen

Email: hsf@salmoterra.com                                  Email: mmo@graintec.com