‘World’s most remote’ distillery seeks funding
The remote Faer Isles Distillery has been producing spirits on the Faroe Islands in the middle of the North Atlantic since 2023.
The distillery is partly crowdfunded, with more than 1,000 shareholders in 31 countries. There have been two previous funding rounds in 2021 and 2023. Its third is in progress and due to end on 30 April.
Shares are priced at 120 DKK each (US$18.31), with a minimum purchase of 50 shares. The remote distillery hopes to use any new funding to make investments in sustainability.
The site currently produces vodka, aquavit and gin, and aims to release its inaugural whisky next year. It plans to produce 80,000 litres of pure alcohol (LPA) on average a year, equalling around 600 barrels of whisky.
Faer Isles matures its whisky in warehouses built in the traditional, authentic ‘rimahjallur’ style – a slatted wooden food storehouse mainly used for curing fish and lamb. The approach ‘ensures maximum exposure to the elements’.
The area’s climate is characterised by year-round cool temperatures, averaging between 5ºC and 9ºC, high humidity, and a very salty ocean wind. The distillery describes it as ‘ideal’ for whisky maturation – almost ‘a boosted version of Scotland’.
Gordon Steele, professor of distilling at Scotland’s Heriot-Watt University, is Faer Isles’ main consultant on flavour development and quality.
The public can purchase some of Faer Isles’ first casks. A Bourbon cask costs €7,950 (US$9,060), with a cask share programme also available.
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