SFunding Rounds · Project Finance
Seafood Legacy Spain — Project Finance · €100M
Seafood Legacy Spain signed a financing package worth more than €100M on 18 March 2026 for its RAS salmon plant at the Port of Burela. The construction itself costs €78.76M. The figure is not a pure equity round. It combines a €25M Consellería do Mar grant (co-financed by the EU's EMFAF), €3.5M from the Xunta's venture capital arm XesGalicia/Sodiga, a €5M Igape loan, and bank and institutional debt from ICO, Banco Santander and Abanca. The equity partners are the Norwegian parent Columbi Salmon and the Galician groups Dmanán and Grupo Regal. No lead is named, and the private equity amount was not disclosed.
Lead not disclosed
RoundProject Finance
Announced18 Mar 2026Not counted in totals
CitySantiago de Compostela
SectorAquaculture / FoodtechSource
I
I
The company
Investors 8
AAbanca
www.abanca.com
Profile: ABANCA Innova
BBanco Santander
www.bancosantander.es
CColumbi Salmon
D
Dmanán
G
Grupo Regal
IIgape
I
Instituto de Crédito Oficial (ICO)
XXesGalicia (Sodiga)
www.xesgalicia.gal