What is Acwa?
ACWA is an organization dedicated to promoting and supporting adherence to a code of conduct within the Western Australian aquaculture industry. Its mission is to ensure the industry operates as a truly regenerative force, actively contributing to the sustainable development of Western Australian regional communities. By championing these standards, ACWA aims to foster a responsible and thriving aquaculture sector.
How much funding has Acwa raised?
Acwa has raised a total of $62M across 1 funding round:
Debt
$62M
Debt (2024): $62M with participation from Proparco, DEG, and European Bank for Reconstruction and Development
Key Investors in Acwa
Proparco
Proparco, a subsidiary of the French Development Agency, focuses on financing and supporting businesses across various regions, aiming to enhance the contribution of private actors to achieving Sustainable Development Goals through loans, investments, and technical assistance.
DEG
DEG is a German investment company that provides financing, advice, and support to private companies operating in developing and emerging countries, contributing to sustainable economic development.
European Bank for Reconstruction and Development
The European Bank for Reconstruction and Development (EBRD) is a multilateral bank dedicated to fostering market-oriented economies and promoting private and entrepreneurial initiatives in its countries of operation.
What's next for Acwa?
With the infusion of $62M in this major strategic investment, Acwa is poised for accelerated development and expansion. The company is likely to leverage this capital to enhance its operational capabilities, potentially broaden its industry support initiatives, and further solidify its commitment to regenerative practices within the Western Australian aquaculture sector. This significant backing from prominent financial institutions suggests a strong confidence in Acwa's long-term vision and its capacity to drive sustainable growth.
See full Acwa company page
