AKVA Group favourite for Cermaq Chile contract

AKVA Land Based fish tanks

AKVA group looks set to land the supply contract to build a planned new smolt facility for Cermaq Chile.

It is thought that Billund would get the supply deal, but the company ceased trading in the summer.

The AKVA group is the world’s largest supplier of solutions and services to the aquaculture industry.

In a brief announcement to the Oslo Stock Exchange yesterday, AKVA said: “AKVA group ASA is pleased to announce that a Letter of Intent has been awarded from Cermaq Chile S.A related to a RAS contract for the new smolt facility in the Los Lagos Region in Chile.

“AKVA will start with engineering and site work during Q4 2024. The value of the contract linked to the letter of intent is approximately €30 million . The final contract is expected to be awarded from Cermaq during Q4 2024.”

Called Nueva PCC, Mitsubishi-owned Cermaq said earlier this year that the project, near the city of Paragua, will be one of its most important in the region.

It will have a production capacity of 14 million smolts per year. Cermaq Chile said the second stage of the PCC (Post-Larval Capture and Cultivation) farm will be called Canal de Chacao Fish Farm.

The fully automated project, which will be the company’s largest in Chile, includes cutting-edge technology in all its production phases, will allow the complete fish cycle to be carried out in fresh water, producing smolts from eyed eggs, with a minimum average weight of 150 grammes.

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