It's almost as if you didn't read the press release - it's for less than $2 million, and if you read the press release quotes - it's for solar upgrades:
“The loan is for 100% of the debt for the project infrastructure components, which wasn’t possible under the previous Mandate."
Humpty Doo Barramundi’s Chief Executive Officer Nick Preston said: “Without the financial assistance of NAIF, infrastructure investment on our farm would not be possible in the short term."
Managing Director and owner Bob Richards is pleased that “the NAIF loan will enable investment in solar power infrastructure that will assist in moving the farm to carbon neutral, which enhances our farm’s position as a leader in sustainable Australian aquaculture.”
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