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Endur ASA

Artec Aqua formally signs contract to build brood stock facility for Aquagen

By 19.01.2021August 1st, 2024No Comments

Head of broodstock Jan Erik Volle (AquaGen), operations manager at Profunda Frode Sætre (AquaGen) and project manager Andres Thyri (Artec Aqua). Photo: Matias Myklebust.

Artec Aqua AS, where Endúr ASA has entered into an agreement to purchase all shares, has formally signed a turnkey contract with Aquagen for the construction of an expansion of their existing brood stock facility Profunda at Barstadvik. Artec Aqua has already completed a design phase with the client ensuring optimal conditions for the salmon and as the probability for final agreement was considered very high, the contract is included in the backlog communicated to the market January 11,2021.

The contract value is NOK 150 million. The contract is the second phase of the facility expansion at Barstadvik and Artec Aqua was the turnkey provider also for phase one.

The contract is a testament to Artec’s market leading position within broodstock facilities and their position as turnkey provider to the land based aquaculture industry. The construction phase is expected to start Mid February 2021 with completion expected by summer 2022.

Artec Aqua is the newest member of the Endúr family and is a leading company within the engineering and construction of land based smolt/post smolt, broodstock and grow-out facilities. Artec is technology independent and delivers both flow-through facilities, hybrid flow-through /regeneration systems and RAS systems.

For further information, contact: CEO of Artec Aqua, Ingegjerd Eidsvik: tel: 95 08 77 54

AquaGen’s land-based broodstock facility Profunda in Barstadvik in Ørsta municipality. Photo: Matias Myklebust.