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Nereus Aquaculture

Eine Indoor-Aquakulturplattform mit kontrollierter Umgebung für die inländische Ernährungssicherheit.

KonzeptIndiana · USA (indikativer Standort)Ernährungssicherheit · Aquakultur

Gesamtinvestition
$100M
Prognostizierter Umsatz
≈ $50M
Direkte & unterstützte Arbeitsplätze
≈ 2,000

Investment and employment figures are sponsor-stated project plans; revenue is a modelled projection. Figures are not audited.

Überblick & Marktthese

America eats seafood it does not produce: imports supply roughly 70–85% of consumption, and the U.S. seafood trade deficit now exceeds $20 billion annually — among the largest of any food category. Recirculating aquaculture systems (RAS) — a global market estimated at $7.6 billion in 2026 and projected to reach $18.6 billion by 2035 — are the proven answer to closing that gap on domestic soil.

RAS recirculates and filters water in a closed loop, cutting water use by up to 90% versus conventional farming while eliminating the disease, escape, and effluent problems of open-net pens. Biosecure, land-based, and climate-independent, these systems produce consistent year-round harvests of high-value species — Atlantic salmon, shrimp, and others — regardless of ocean conditions or import disruptions.

The decisive advantage is location. Sited beside major consumption centers, indoor farms collapse the supply chain from weeks to days, delivering fresher product at a fraction of the logistics cost and carbon of air-freighted imports. That proximity, together with full traceability and biosecurity, is exactly what grocery, foodservice, and institutional buyers increasingly require of their protein supply.

Policy is moving the same direction: NOAA’s Aquaculture Opportunity Areas and bipartisan interest in domestic food security are steadily lowering the regulatory friction that historically slowed U.S. aquaculture. Domestic capacity built now meets a market that both policy and consumer preference are converging toward — while the category itself remains dramatically under-built.

Investmentthese, Risiko & Politik

Investment highlights
  • Addresses a U.S. seafood trade deficit exceeding $20B
  • RAS cuts water use up to 90% with biosecure, year-round output
  • Sited beside consumption centers — days, not weeks, to market
  • Policy tailwinds from NOAA Aquaculture Opportunity Areas
Risk & mitigants
  • Biological / disease riskClosed-loop biosecurity and redundant life-support systems
  • Energy intensity and opexSite selection for low power cost and heat reuse
  • Price competition versus importsFreshness and traceability premium with contracted buyers
  • Technology scale-upProven RAS technology deployed in staged capacity
Incentive & policy alignment
  • USDA rural development & value-added grantsSupport for domestic food production and processing
  • NOAA Aquaculture Opportunity AreasStreamlined siting for domestic aquaculture
  • State agriculture & energy incentivesUtility and facility incentives for controlled-environment agriculture

Program eligibility, availability, and terms vary by siting and are subject to confirmation with the responsible authority.

Additionality — the but-for case

Domestic aquaculture at scale has not materialized without coordinated siting, utility, and permitting support; the partnership is what makes a U.S.-sited, biosecure facility competitive against entrenched imports.

Community & local benefit
  • Year-round agricultural jobs in the host community
  • Local and institutional food-supply partnerships
  • Workforce training with regional colleges
How to engage
  1. 1Introductory call and mutual NDA.
  2. 2Access to the full data room, model, and feasibility materials.
  3. 3Structured term discussion — milestones, clawbacks, and community-benefit terms built in.
Contact the Nereus Aquaculture deal team →

Betriebsplan & Kapitaleinsatz

Operational Plan

Indicative programme · 20262027
Activity
20262027
123456789101112123456789101112
01Controlled-Environment Production
02Processing
03Distribution
04Supply-Chain Reliability

Capital Plan

Indicative allocation · pending feasibility
$100M
Total Investment
≈ $50M
Projected Annual Revenue
0.5×
Revenue Multiple on Capital
Site, Land & Construction38%$38M
Plant, Equipment & Process30%$30M
Engineering & Development12%$12M
Working Capital & Commissioning11%$11M
Contingency & Financing9%$9M
Total capital plan$100M

Finanzen, Wirkung & Renditen

Illustrative modelHeadline figures (investment, revenue, jobs) are real. Economic-impact, credit, and valuation metrics below are derived from those figures using research-informed assumptions and are planning illustrations, not guarantees. Methodology draws on the sources listed at the foot of this briefing.

$13MEBITDAillustrative
25%EBITDA marginillustrative
$125MEnterprise valueillustrative
1.35×Min DSCRillustrative
16%Levered IRRillustrative
2.2×MOICillustrative
For economic-development offices

Economic & fiscal impact

Jobs decomposition
1,111 direct889 supported1.8× employment multiplier
Average wage vs. U.S. average
$52K / yr79% of U.S. average · verify vs. county average at siting
$3MEst. annual tax revenueproperty + income + sales
$50KCapital per job
300Construction job-years
79%Wage vs. U.S. average
For lenders & bond buyers

Capital structure & credit

Sources of capital
$65M debt$35M equity65% loan-to-cost
Debt-service coverage (DSCR)
1.35× minimum1.30× covenant · scale 1.0–2.0×
AaShadow ratingillustrative
45%Revenue contracted / offtake
12 moDebt-service reserve
HighRisk tier
For investors & bankers

Valuation & returns

$13MEBITDA (25% margin)
×
10×EV / EBITDA
=
$125MEnterprise value
16%Levered IRRillustrative
2.2×MOICillustrative
$4MEst. gross fee pool
10×EV / EBITDA
Exit routes (probability-weighted)
  • Strategic acquisition60%10× EBITDA
  • Sponsor sale25%9× EBITDA
  • IPO15%4× revenue
Projection · illustrative

Revenue ramp to stabilization

Illustrative ramp from commissioning to stabilized annual revenue of ≈ $50M. Actual profile depends on construction, offtake, and market conditions.

Portfolio context

Against the platform portfolio

  • Helix Build$500M
  • Aurofirm$400M
  • Terraform America$375M
  • The Saint Plaza$350M
  • Aurela Village$300M
  • Circuit Talos$250M
  • Nereus Aquaculture$100M

Total investment across the seven platforms — this platform highlighted.

Research

Sources & references

External links open third-party sites provided for reference only; inclusion implies no endorsement. Figures should be verified against primary sources and confirmed by feasibility study.

Illustrative modelSources & uses, sensitivity, and comparable multiples are derived from the base-case assumptions and sector benchmarks for demonstration; they are not guarantees and are subject to diligence and feasibility.

Sources & uses of capital
Sources
Senior project debt65% loan-to-cost$65M
Sponsor & co-invest equity35% of capitalization$35M
Total sources$100M
Uses
Site, Land & Construction38%$38M
Plant, Equipment & Process30%$30M
Engineering & Development12%$12M
Working Capital & Commissioning11%$11M
Contingency & Financing9%$9M
Total uses$100M
Return sensitivity
MetricDownsideBaseUpside
Levered IRR9%16%21%
MOIC1.6×2.2×2.7×
Min DSCR1.15×1.35×1.60×

Downside / upside bracket the base case for demonstration; actual ranges depend on price, offtake, cost, and schedule.

Comparable multiples
  • Controlled-environment / RAS aquaculture9–12× EV/EBITDA
  • Branded & specialty protein10–13× EV/EBITDA
  • This platform — modeled10× EV/EBITDA

Sector ranges are illustrative reference benchmarks, not specific transactions.

Dokumentationsraum

Confidential Investment BriefPDF · 2.4 MB · Jul 1, 2026Für Zugang registrieren
Financial Model & Capital PlanXLSX · 1.1 MB · Jun 24, 2026Für Zugang registrieren
Market & Policy AnalysisPDF · 3.6 MB · Jun 18, 2026Für Zugang registrieren
Nereus Aquaculture — Ernährungssicherheit · Aquakultur — Applied America