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Kingfish Zeeland BV Wins Legal Battle for Maine Project

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Kingfish Zeeland BV Wins Legal Battle for Maine Project

Kingfish Zeeland BV ( (DE:93G) ) has provided an announcement.

Kingfish Zeeland BV has successfully overcome legal challenges concerning its Kingfish Maine project, with the Maine Supreme Judicial Court upholding the state permits necessary for its development. This decision allows Kingfish to proceed with its plans to build an 8,500 metric ton production facility in Jonesport, Maine, which will contribute to reducing US reliance on seafood imports and bolster local production of yellowtail kingfish.

More about Kingfish Zeeland BV

The Kingfish Company is a leader in sustainable land-based aquaculture, focusing on the production of high-quality yellowtail kingfish. With a facility in the Netherlands and plans for expansion in the US, the company uses advanced recirculating aquaculture systems to ensure biosecurity and environmental sustainability, operating on 100% renewable energy.

YTD Price Performance: -8.84%

Technical Sentiment Signal: Strong Buy

Current Market Cap: €66.9M

Find detailed analytics on 93G stock on TipRanks’ Stock Analysis page.

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