Three Active Permits From Three Agencies — All Transferable to a Qualified Buyer

The permits held by Palom Aquaculture LLC are among the most significant assets at 184 Corea Road. They represent years of regulatory engagement, environmental review, and agency approvals that a new applicant would have to replicate from scratch. Here is what each permit covers, what it authorizes, and what it means for an incoming operator.

Maine Department of Environmental Protection (DEP) —
Discharge Permit

What it covers: The Maine DEP permit authorizes the discharge of treated aquaculture wastewater to Prospect Harbor. In Maine, any facility discharging to state waters requires a DEP license — this is the primary environmental gatekeeping permit for a coastal RAS operation.

What it authorizes: Discharge from a recirculating aquaculture system with defined flow rates, water quality parameters, and monitoring requirements. The permit establishes the facility's legal right to use Prospect Harbor as its discharge point.

Why it matters to a buyer: DEP discharge permitting for coastal aquaculture is a multi-year process involving public notice, environmental impact review, water quality assessment, and agency discretion. An active DEP permit eliminates that process. A buyer modifying or expanding within the permit's framework faces a much shorter regulatory path than a new applicant.

Current status: Active and transferable. Transfer requires DEP notification and buyer qualification review — standard for permit transfers in Maine.

Maine Department of Marine Resources (DMR) —
Aquaculture License

What it covers: The Maine DMR license authorizes the propagation and rearing of non-native salmonid species (salmonid) at this site. Maine DMR regulates aquaculture production statewide and requires a license for any commercial aquaculture operation.

What it authorizes: Land-based RAS production of salmonid stock at the Gouldsboro location. The license specifies production parameters and species.

Why it matters to a buyer: DMR licensing for non-native species involves biological review, disease management requirements, and regulatory coordination with federal fisheries agencies. An active DMR license with species approval already in place removes uncertainty about whether the intended production species will be approved for this site.

Current status: Active and transferable to a qualified operator.

U.S. Army Corps of Engineers — Section 404/10 Permit

What it covers: The Army Corps permit authorizes work in waters of the United States — specifically, the placement of the seawater intake and discharge pipeline infrastructure through the right-of-way easement corridor to Prospect Harbor.

What it authorizes: Construction and operation of the seawater conveyance infrastructure. The Army Corps has jurisdiction over any work affecting navigable waters and adjacent wetlands.

Why it matters to a buyer: Army Corps permitting for coastal water infrastructure is federally administered, subject to public notice requirements, and historically slow. The fact that this permit exists — and has been renewed twice — means the federal authorization for the seawater system is in place. A buyer is not starting from zero on the federal regulatory track.

Current status: Active, currently undergoing its third renewal review. Transferable. Note: the seawater inlet and outlet infrastructure authorized by this permit has not yet been constructed. The permit authorizes construction; physical infrastructure remains to be built at an estimated cost of approximately $1.5 million.

Deeded Right-of-Way Easements

What they are: Recorded 30-foot right-of-way easements running from the property to Prospect Harbor, covering both intake and discharge routes.

Why they matter: Easements are deeded property rights — they are not permits that require renewal. They travel with the land and convey automatically with a property sale. An incoming operator does not need to negotiate access with adjacent landowners; that access is legally established in the chain of title.

Current status: Deeded and transferable with the property. Review of the recorded easement documents is available in the Surveys & Drawings package.

What Permit Transfer Looks Like

Permit transfers in Maine typically require the buyer to submit a transfer application to the relevant agency, demonstrate comparable or superior operational qualifications, and agree to operate within existing permit conditions. The seller's cooperation in the transfer process is standard in an asset sale of this type. Full permit documents are available to buyers following NDA execution — see the Acquire page.

A Note on the 500-Ton Ordinance Cap

Gouldsboro's land use ordinance currently limits finfish production at this site to 500 tons annually. This is a local ordinance matter — not a DEP, DMR, or Army Corps constraint. It represents a community relations and planning board engagement challenge, not a permanent regulatory ceiling. The town has demonstrated support for development at this site, and an operator with a thoughtful phased development plan is positioned to pursue ordinance modification through the standard municipal process. Getting to know the community is vital.

Related Pages

Critical Note

© 2026 Palom Aquaculture LLC. Permit status current as of date of last update; buyer should conduct independent verification of current permit status as part of due diligence. Information provided for informational purposes only.