Proximar’s estimated capital expenditure for the first fish farm in Oyama is unchanged at approximately 12 bJPY and the company targets a debt ratio around 50 %.
Equity: Proximar is pleased to have a strong ownership base of which the Grieg family, the Nielsen family, Daimyo and Nutreco are main shareholders. The company has thus far acquired ~450 mNOK in equity and seeks additional strategic investors for the remaining equity requirement. Proximar is listed at the Oslo Euronext Growth stock exchange in Norway.
Debt: Proximar seeks both Japanese and international debt financing for the construction phase and is pleased to have acquired a 2.5 bJPY (~190 mNOK) loan from JA Mitsui Leasing.
