Controlled Environment

Rjukan Controlled Environment Aquaculture

FGEN reached financial close on a minority equity investment in a controlled environment aquaculture project in August 2022. FGEN’s total investment is expected to be up to approximately £40m.

The project consists of a land-based aquaculture facility to be built in Rjukan, Norway, and will use established recirculating aquaculture system (“RAS”) technology. It is expected that partial operations will commence in 2024 with full operations expected in 2025, following which, the facility is forecasted to produce approximately 8,000 tonnes of trout annually. This will be sold to European and international salmonid markets via an offtake agreement with an established Norwegian seafood distribution company with global reach.

Controlled Environment Glasshouse

FGEN is invested in a 2.4 hectare glasshouse project which completed construction in September 2023. The facility is in close proximity to an existing anaerobic digestion plant owned by FGEN, which supplies low carbon heat and power to the glasshouse via a private wire. Waste heat from the existing CHP engines is captured and delivered by pipe and a heat exchanger to the glasshouse. Wastage from the glasshouse produce is returned to the digester, creating a circular ecosystem.

The advanced glasshouse will be capable of growing a wide array of different horticultural products, from consumable produce to cut flowers. Its initial operator will focus on the lawful cultivation of the heavily regulated tetrahydrocannabinol flower, conforming to tightly monitored license requirements for secure supply to established UK-based pharmaceutical manufacturers.

Rjukan Controlled Environment Aquaculture

FGEN reached financial close on a minority equity investment in a controlled environment aquaculture project in August 2022. FGEN’s total investment is expected to be up to approximately £40m.

The project consists of a land-based aquaculture facility to be built in Rjukan, Norway, and will use established recirculating aquaculture system (“RAS”) technology. It is expected that partial operations will commence in 2024 with full operations expected in 2025, following which, the facility is forecasted to produce approximately 8,000 tonnes of trout annually. This will be sold to European and international salmonid markets via an offtake agreement with an established Norwegian seafood distribution company with global reach.

Controlled Environment Glasshouse

FGEN is invested in a 2.4 hectare glasshouse project which completed construction in September 2023. The facility is in close proximity to an existing anaerobic digestion plant owned by FGEN, which supplies low carbon heat and power to the glasshouse via a private wire. Waste heat from the existing CHP engines is captured and delivered by pipe and a heat exchanger to the glasshouse. Wastage from the glasshouse produce is returned to the digester, creating a circular ecosystem.

The advanced glasshouse will be capable of growing a wide array of different horticultural products, from consumable produce to cut flowers. Its initial operator will focus on the lawful cultivation of the heavily regulated tetrahydrocannabinol flower, conforming to tightly monitored license requirements for secure supply to established UK-based pharmaceutical manufacturers.

Rjukan Controlled Environment Aquaculture

FGEN reached financial close on a minority equity investment in a controlled environment aquaculture project in August 2022. FGEN’s total investment is expected to be up to approximately £40m.

The project consists of a land-based aquaculture facility to be built in Rjukan, Norway, and will use established recirculating aquaculture system (“RAS”) technology. It is expected that partial operations will commence in 2024 with full operations expected in 2025, following which, the facility is forecasted to produce approximately 8,000 tonnes of trout annually. This will be sold to European and international salmonid markets via an offtake agreement with an established Norwegian seafood distribution company with global reach.

Controlled environment

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Our controlled environment assets

Rjukan Controlled Environment Aquaculture

Controlled Environment Glasshouse

Rjukan Controlled Environment Aquaculture

Controlled Environment Glasshouse

Rjukan Controlled Environment Aquaculture

Case study spotlight: Rjukan Aquaculture project

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Waste and Wastewater Concessions