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December 2021 project update


  • Construction activity in full motion – good progress on Hatchery and first RAS building
  • AKVA Group to start installing RAS technology in December 2021
  • Inlay of first eggs in hatchery scheduled for February 2022
    • Progress slightly delayed due to typhoon impacting construction schedule
  • Capex of DKK 64 million in period Q3 2021 and DKK 104 million YTD.

Available cash of DKK 289 million and total undrawn credit facility at EUR 25 million (DKK 186 million) as of 30.09.2021. In addition to this also a working capital credit facility at RMB 35 million (DKK 35 million)

Project update presentation

Nordic Aqua Partners will present its December 2021 project update by webcast, followed by a Q&A session, on December 9, 2021 at 10:00 a.m. CET.

The presentation and subsequent Q&A will be held in English by Ragnar Joensen, Chairman Nordic Aqua Partners, Hjalti Hvítklett, CFO Nordic Aqua Partners, and Ove Nodland, CEO Nordic Aqua Ningbo.

The presentation can be accessed at, or with the following link:

In addition to this presentation, Nordic Aqua Partners will hold a presentation arranged by SpareBank 1 Markets, Friday 10th 10:00 AM CET.

To attend please contact Charlotte Skibeli Mullins email:


For further information please contact:

Hjalti Hvítklett, CFO Nordic Aqua Partners
+298 221222

About Nordic Aqua Partners

Nordic Aqua Partners is a Nordic land-based salmon farming company, using cutting-edge Nordic technology and expertise to set up the first fully integrated and commercially scaled Recirculating Aquaculture System [RAS] farm for Atlantic salmon located in Ningbo, China. With operations in place, Nordic Aqua Partners will be the first local producer of truly sustainable and fresh salmon to the Chinese market. The current business plan is for an annual production of 20,000 tonnes HOG.

Nordic Aqua Partners A/S is listed at Euronext Growth under the ticker NOAP.

To learn more, please visit

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.