Aker ASA invests in post-smolt production at Træna

Aker ASA has announced that Aker Capital AS (collectively referred to as 'Aker') is participating in an equity financing round in the post-smolt salmon producer Gaia Salmon Holding AS ('Gaia Salmon'), investing NOK 155 million for 25.3 percent ownership in the company. Rodo Landbasert AS holds approximately 45 percent ownership. Gaia Salmon is building a post-smolt production facility at Træna, Norway, with annual capacity of up to ~7,200 tonnes of post-smolt.

Aker is invested in offshore aquaculture through SalMar Aker Ocean AS ('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.

Aker has the right to increase its ownership in Gaia Salmon related to potential next steps of development in the company.

For more information about Aker visit the website, HERE.

The Aquaculturists

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