ANDFJORD SALMON
Andfjord Salmon Group AS (Andfjord Salmon) today reports faster than expected progress for the development of the waterways that will provide fresh seawater to the pools at the company’s land-based aquaculture facility at Kvalnes, Andøya,
Since Andfjord Salmon reported its first quarter results on
The waterways, including inlet and outlet tunnel, is designed to support a future production of 40,000 tonnes of salmon at Kvalnes.
“Construction of the waterways is underground work that exposes us to ground conditions. To make 20 percent progress in such a short time period is important as it helps to de-risk one of the most challenging parts of the Kvalnes build-out,” says
In this first phase of the Kvalnes build-out, Andfjord Salmon is completing four new pools, increasing total production capacity to 8,000 tonnes HOG by 2025. The company aims to achieve a total production capacity of 40,000 tonnes HOG at Kvalnes through gradual volume increases between 2025 and 2030. The initial phase includes developing shared infrastructure such as waterways and a harbour area to support future production.
Work on the two other ongoing workstreams – harbour area and concrete pools – are progressing as planned. The harbour area workstream is currently at 42 percent completion, up from 36 percent on
The concrete pools workstream has reached 12 percent completion, up from 8 percent at the end of May, as installation of steel reinforcements and foundation work is moving ahead as scheduled.
Contacts
- Investors:
Bjarne Martinsen , CFO,Andfjord Salmon AS , +47 975 08 345, bjarne.martinsen@andfjord.no -
Media:
Martin Rasmussen , CEO,Andfjord Salmon AS , +47 975 08 665, martin@andfjord.no
About Andfjord Salmon
Located at Andøya on the Arctic Archipelago of Vesterålen,
Attachments
- Andfjord Salmon Operational Update July 2024.pdf
© NTB Norway, source
