Kingfish Maine Secures Critical Permit
The Kingfish Company N.V.’s US subsidiary, Kingfish Maine Inc., has secured its final critical water-side permit.
The Maine Department of Environmental Protection (MDEP) has approved the Maine Pollutant Discharge Elimination System (MEPDES) Permit for Kingfish Maine thereby paving the way to build a proprietary land-based aquaculture facility in Jonesport, Maine USA. The MEPDES permit is the second of two critical water-side permits required to build and operate its facility. The company has already obtained the first critical permit, a submerged land lease, during 2020.
Kingfish Maine is owned by The Kingfish Company, which currently operates land-based recirculating aquaculture systems (RAS) in the Netherlands. Kingfish Maine will utilize the same advanced technology solutions used in the Netherlands to minimize impacts of effluent. The just approved MEPDES permit evaluates the facility’s discharge to ensure that Kingfish Maine will maintain the water quality of the area based on the location of the discharge point and the make-up of the effluent water.
Kingfish Maine’s recirculating aquaculture system (RAS) facility is projected to produce 6,000 -8,000 metric tons of Yellowtail annually upon completion.
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The Supervisory Board (the "Board") hereby calls for an extraordinary general meeting of The Kingfish Company N.V., a limited liability company (naamloze vennootschap), having its statutory seat (zete