First Water has already sold approximately 2,000 tonnes of farmed salmon. Upon completion, the land-based aquaculture facility is projected to produce around 50,000 tonnes of salmon annually, developed in six phases, and expected to be fully operational by 2030.
Each phase will contribute approximately 8,300 tonnes of salmon production per year. First Water said the total investment in the project will amount to approximately €825 million, and when fully operational, the company is expected to employ around 330 people.