Blue Economy / Fisheries — Fiji
Closing SoonGT-2026-012· Listed Feb 20, 2026

Fiji Blue Economy — Sustainable Tuna & Cold Chain

MSC-certified tuna fleet upgrade and cold-chain export hub protecting Pacific fish stocks and island food security.

Fiji · Oceania Blue Economy / Fisheries Blended Finance — Senior + Concessional Closes Aug 15, 2026
Raise Target
$38.0M
Committed
$31.2M
Min Ticket
$500K
Target Return
13–16% IRR
Horizon
6–8 yrs
82% subscribed · $6.8M remaining

Executive Summary

Modernisation of a Fijian pole-and-line and longline tuna fleet paired with a new blast-freezing and cold-chain export hub in Suva. The platform shifts volume from unregulated transshipment to certified sustainable catch, securing premium EU and Japanese export pricing while safeguarding domestic food security allocations.

Investment Thesis

  • Pacific tuna stocks face overfishing pressure; certified sustainable supply commands a 22–30% price premium.
  • New cold-chain hub cuts post-catch spoilage from 19% to under 6%.
  • Blended concessional tranche from a Pacific climate facility lowers weighted cost of capital.

Use of Funds

Fleet upgrade (12 vessels)40%
Cold-chain & blast-freezing hub35%
MSC certification & traceability tech15%
Working capital10%

Financial Snapshot

Yr-3 export revenue
USD 29.6M
EBITDA margin (steady-state)
24%
Equity IRR (base)
14.7%
Payback
5.9 yrs

Transaction Structure

USD 28M senior debt, USD 6M concessional climate-facility tranche, USD 4M sponsor equity. Deal Room slice in senior debt.

Risk & Mitigation

Key Risks
  • · Fish stock migration variability
  • · Fuel price exposure
  • · Export market access disruption
Mitigants
  • Multi-species licence diversifies catch composition
  • Fuel-price hedge on 60% of consumption
  • Diversified export markets across EU, Japan, and domestic retail

Timeline & Milestones

  1. 2025 Q2
    MSC pre-assessment completed
  2. 2025 Q4
    Concessional tranche committed
  3. 2026 Q1
    Senior debt syndication opened
  4. 2026 Q3
    Financial close
  5. 2027 Q3
    Cold-chain hub commissioning

Sponsor

Pacific Reef Fisheries Group

Pacific Reef Fisheries Group is a Fiji-based fishing and seafood export operator with 19 years of regional operations and existing EU export certification.

ESG & Impact

  • MSC chain-of-custody certification target
  • Domestic food-security catch-share protection of 15%
  • Community observer program on all vessels

Data Room

Investor Teaser
PDF · 12 pp
Information Memorandum
PDF · 68 pp
Verified Access
Fisheries Management Plan
PDF
Verified Access
Financial Model
XLSX
Verified Access

Gated documents unlock after KYC/AML verification and NDA execution.

Related Opportunities

More in Oceania / Blue Economy / Fisheries

Back to Deal Room