500-Ton RAS Farm

500-ton RAS farm project — industrial-scale recirculating aquaculture blueprint

A 500-ton/year RAS farm is the sweet spot for institutional financing — large enough to attract DFI + ECA senior debt, small enough to permit and commission in 24–30 months. This blueprint benchmarks the engineering, budget, equipment, water/power and financing structure used by international operators.

500 t/year finfish · 12,000–18,000 m³ culture volume · 98–99.5% recirculation

  • Vendor-neutral
  • DFI + ECA ready
  • Benchmarked CAPEX
  • Water & power sized
  • Financing structured

Engineering

  • Steady-state 500 t/year; ~150–200 t standing biomass at 25–45 kg/m³ depending on species
  • Multiple independent RAS modules for biosecurity (typically 3–5 modules)
  • Drum filters + MBBR biofilter sized to full feed load (~1.6 t feed/day at FCR 1.2)
  • Full CO₂ stripping, oxygen cones, ozone + UV, denitrification loop, redundant blowers/pumps
  • SCADA-integrated fish welfare, water quality and biomass management

Project Budget

Line itemLowHigh
Civil, tanks, insulated building (5,000–8,000 m²)$4M$7M
RAS process equipment across 3–5 modules$6M$10M
HVAC, chillers, heat pumps, dehumidification$1.5M$3M
Automation, SCADA, biomass & feeding systems$1M$2M
Backup power, LOX / on-site O₂, redundancy$0.8M$1.5M
Engineering, permits, commissioning, contingency 10–15%$1.7M$3M

Total CAPEX: US$ 15M – US$ 30M

Equipment Planning

  • Modular RAS trains (drum, MBBR, degasser, oxygen, UV/ozone) — 3 to 5 modules
  • On-site VSA/PSA oxygen plant + LOX backup
  • Central chilled-water plant, heat recovery, heat pumps
  • Automated feeders, grading, pumping and harvest line
  • Full SCADA / historian, water quality lab, biosecurity systems

Water Requirements

Make-up water
~200–400 m³/day (< 1% daily exchange)
Recirculation rate
98–99.5%
Source options
Borehole, surface, municipal or desalinated seawater with full pre-treatment
Discharge
Solids capture + denitrification + optional constructed wetland

Power Requirements

Installed load
2.5–4.0 MW
Average consumption
3.5–5.0 kWh/kg fish
Backup
N+1 gensets, UPS, LOX autonomy ≥ 24 h
Solar
2–4 MWp PV + BESS covers 30–50% of load, cuts LCOE 15–25%

Supplier Matching

FishMatch briefs 3–5 audited suppliers per package, benchmarks quotes on CAPEX / OPEX / lead time, and coordinates ECA + DFI financing across the shortlist.

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Financing

  • US$ 15–30M CAPEX is bankable for IFC / EBRD / AfDB / IDB senior debt tranches
  • ECA-covered commercial debt on European / Asian RAS equipment (SACE, Euler Hermes, EKF, K-SURE)
  • 12–15 year tenor, 2–3 year grace, DSCR ≥ 1.3× at base case
  • Equity from strategic operators, blue-economy funds, or listed aquaculture groups

ROI

Revenue @ US$ 7/kg (tilapia / catfish premium)
US$ 3.5M/yr
Revenue @ US$ 10–12/kg (salmon, kingfish, barramundi)
US$ 5–6M/yr
EBITDA margin (mature)
28–38%
Payback
6–9 years

Indicative benchmarks. Actual returns depend on species, market, offtake, financing structure and operator track record.

Timeline

  1. Feasibility, permits, offtake M0–M9
    EIA, water rights, offtake MoUs
  2. FEED & financing close M6–M15
    EPC award, DFI + ECA close
  3. Construction M12–M28
    Civil, mechanical, process, SCADA
  4. Biological ramp M26–M36
    Module-by-module ramp to 500 t

Government Incentives

  • IFC / AfDB / IDB / EBRD blue-economy financing at 5–8% with 7–15 year tenors
  • Export credit agency (ECA) cover from Euler Hermes, SACE, UKEF, EDC, K-SURE
  • Blended finance and viability gap funding for food-security aquaculture projects
  • National agri-processing / SEZ tax holidays (5–15 years) and import-duty waivers on equipment
  • Aquaculture-specific grants and concessional loans under national blue-economy strategies

Calculators

500-Ton RAS Farm — frequently asked

Is a 500-ton RAS farm bankable?

Yes. US$ 15–30M CAPEX is the sweet spot for DFI + ECA senior debt. Bankability depends on species economics, offtake, water rights and operator track record.

How long does construction take?

24–30 months from FEED to first harvest, with staged commissioning of modules to de-risk biology.

Structure your 500-ton ras farm the FishMatch way

Vendor-neutral EPC + ECA + DFI structuring, from feasibility to first harvest.

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