Nordic Halibut AS (NOHAL) has started the construction of a new grow-out site in Grønset, Møre & Romsdal. The new Grønset site is located in Kvernesfjorden near NOHAL`s other operational grow-out sites in Ørjavik and Krekvikbogen. The North-West region of Norway is perfectly suited for sea-based halibut farming due to the ideal cold-water habitat. This will be NOHAL`s third grow-out site and will consist of 12x 160meter cages, a production volume of 480.000m3 and have a stand-alone biomass capacity of 3.000 tonnes. Combined with the already producing licenses, NOHAL has secured the production capacity to realize phase one of the volume ramp-up plan of 4.500 tonnes HOG in 2026, both at sea and land. For the first time in halibut farming history 160-meter cages are being deployed into operations. This is the same size used in the largest sea-based salmon farming sites and represent a key enabler for scaling of sea-based production volumes in a cost-efficient way.