Ulupono Initiative

News

July 14, 2016

Investment firm lends $3M to help Kona fish farm grow

A Hawaii investment firm focused on generating financial as well as social returns is putting some of its money into the local open-ocean fish farming industry.

Ulupono Initiative is lending Blue Ocean Mariculture LLC $3 million to help finance expansion of the fish farm that raises kahala, or almaco jack branded as Hawaiian Kampachi, in cages floating off Hawaii island’s Kona Coast.

Read more...