Investment Opportunities in the Caribbean

Agribusiness | ARUBA

ARUBA

Name of Project: Petros Aquaculture Operations, Open Ocean Aquaculture

Private Sector

Mode of Investment: Open for FDI through a minority stake Open for FDI through a

Open ocean aquaculture is the future of sustainable fish farming. The global human population has a projected growth from 7.2B currently to 9.5B by 2050. Demand for protein will increase. The Aruba open ocean aquaculture project is strategically positioned to supply the US market with sustainably cultivated seafood and advantageously positioned to expand into EU markets. The operation will be developed in 3 phases. The total investment is $31M over 7 years of which $8M in equity financing and $23M in debt financing. The $8M equity financing is converted into common shares and used to execute phase 1 and part of phase 2. Future equity financing rounds are not projected through the 3 growth phases. Complete economic feasibility assessments are available and required permits to construct the infrastructure and cultivate fish have been awarded. This ‘shovel-ready’ project stands to become the sustainable model to be replicated in other Caribbean islands. It diversifies the local economies, strengthen food security for the region, kick starts the blue economy, and generates value for its shareholders.

majority stake Debt financing

Investment amount required in US$: USD $8 million in Equity Financing

USD $23 million in Debt Financing

Contact Person: Gunnar Bracelly | Email: PetrosAquaculture@gmail.com

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