OUR HISTORY

HISTORY

El Dorado Developments, LLC was established in 2020 to serve as a holding company for various development projects initiated by Dewhurst Group, LLC. El Dorado has, together with Induaqua, SAS, formed a company, Trina, SAS, in Colombia to consolidate and manage trout farms that the owner of Induaqua, Mr. Germán Barrera, participates. Trina focuses on producing and exporting sustainable trout from Colombia. El Dorado Developments, LLC is an American company and is Induaqua’s sole partner on Trina.

Induaqua, a Colombian company, was formed by Mr. Germán Alejandro Barerra in 2009 to concentrate exclusively on raising fish and promoting best aquaculture practices. Induaqua produces fish via five subsidiary farms that are owned fully or partially by Mr. Barrera or his family. Induaqua is the largest single farmed-fish producer in Colombia, and is Colombia’s only fish exporter that has has qualified for Plan Vallejo, a specific tax-preference policy that confers a preferential duty rate on imported raw materials used to manufacture Colombian goods for export. Approximately one hundred people are currently employed by Induaqua.

OUR MISSION

MISSION

AQUACULTURE

The core mission of this venture is the production of high quality rainbow trout at Induaqua’s farms and processing plants. The facilities use state of the art technology, including new recirculating aquaculture systems (RAS). Approximately 180 to 220 metric tons of trout are harvested and processed by Induaqua’s facilities every month. Mr. Barrera has secured the exclusive right to use a specialized sustainable and efficient Norwegian fish feed (Cargill, Inc./EWOS) and to sell this feed to other fish producers within South America. The high-energy EWOS diet has helped to increase production and improve the quality of the finished product, much of which is exported in the popular “Trim D” format.

SUSTAINABILITY

Aquaculture is one of the most sustainable animal protein production systems compared to terrestrial animal farming, and it will help meet the world’s growing demand for seafood as wild-capture fisheries reach their limit. El Dorado Developments and its partners are further committed to meeting the highest standards for environmental, social, and economic sustainability. This includes the implentation of strict health and safety standards, utilizing energy-efficient feed, renewable energy sources and gravity-fed water sources, and pursuing internationally recognized sustainability certifications for all Trina facilities.

POST-CONFLICT RESOLUTION

This project contributes to Colombia’s postconflict resolution efforts. Former guerrillas from the Revolutionary Armed Forces of Colombia–People’s Army (FARC) are integrated and employed at the fish farms. Additionally, many, if not most, employees of Induaqua’s processing plants are women who were directly impacted by the decades of violence in the country. Induaqua contributes significantly to postconflict resolution efforts in Boyacá and Antioquia. Boyacá and Antioquia were major sites of violence. Trina understands these issues in rural Colombia. Mr. Barrera himself was a victim of the conflict. He is determined to contibute to lasting peace for the people in the moorlands and throughout the country. Trina will hopefully contribute to that lasting peace.