Our portfolio


Renewable energy contributes to conserving natural resources and reaching the climate goals.

Renewable energy contributes to conserving natural resources and reaching climate goals. Hydro and wind, together with other renewable energy sources, are playing an important part in the energy transition. We have a strong commitment towards local communities and sustainable, long-term value creation for stakeholders. We provide clean renewable energy by owning, developing and operating hydro power plants and wind farms in the Nordics.

Røyrmyra wind park, Finnsetbekken hydropower plants, and 34% ownership in the hydro portfolio Forte Vannkraft are all in production. Bjørgelva Kraft, Nessakraft, Åmotsfoss Kraft, Steinbergdalen Kraft, Flatestøl Kraft and Ramsliåna Kraft hydropower plants are under construction. Hån and Duvhällen wind parks are also under development but held for sale through already settled agreements. Our total secured annual average production capacity is around 500 GWh.

In addition to green field development, cultivation of our portfolio is an important part of our strategy that will shape our portfolio going forward and support value creation, portfolio balance and diversification.

Below is an overview of producing assets and assets under construction and development. A few selected assets, no longer a part of our portfolio, are included as they remain an important part of Cloudberry’s historical track record.

Bjørgelva inntaksområde
Bjørgelva Rørlager
Bjørgelva i snø
Bjørgelva telt stasjonstomt

Bjørgelva Kraft Hydropower

Location
Sørreisa, Troms, Norway
Asset type
Hydro
In operation
Q4 2020
Installed capacity
2.5 MW
Average annual production
7.4 GWh
Status
Under construction

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Bjørgelva Kraft is situated in Sørreisa municipality. The hydroelectric power plant will have an expected annual production of 7,4 GWh. Bjørgelva Kraft is built by Tinfos. Commissioning will start autumn 2020 and will be a part of our portfolio after a trial period in H1 2021.

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Nessakraft Hydropower

Location
Balestrand, Vestland, Norway
Asset type
Hydro
In operation
Q4 2020
Installed capacity
9.1 MW
Average annual production
34 GWh
Status
Under construction

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Nessakraft is situated in Balestrand municipality with a hydroelectric power plant of 9.1 MWh generator. The power plant will have an expected annual production of 34 GWh when fully operational. Construction started summer 2019, built by Tinfoss, and will be handed over after a trial period in H1 2021.

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Åmotsfoss Kraft

Location
Nissedal, Vestfold and Telemark, Norway
Asset type
Hydro
In operation
Q2 2021
Installed capacity
4.5 MW
Average annual production
22.5 GWh
Status
Under construction

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Åmotsfoss Kraft is located in Nidelva, the main river in Arendalsvassdraget, in Nissedal municipality in Norway. It is currently being constructed and the expected annual production is 22.5 GWh. The hydropower plant will be producing from a reservoir with storage capacity. The commissioning is scheduled to be early May 2021, and the handover will be end of August 2021 after a trial period.

Finnesetbekken IMG 0124
Finnesetbekken IMG 0118
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Bruk dette 310320 Finnesetbekken

Finnesetbekken Kraftverk Hydropower

Location
Nesbyen, Viken, Norway
Asset type
Hydro
In operation
2011
Installed capacity
1.45 MW
Average annual production
3.2 GWh
Status
Producing

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Finnesetbekken Kraftverk is located in Nes municipality. The power plant is a small hydroelectric power plant with an annual production of approx. 3,2 GWh.

Røyrmyra 04
Røyrmyra 03
Røyrmyra 02

Røyrmyra Vindpark Wind Farm

Location
Hå, Rogaland, Norway
Asset type
Wind
In operation
2015
Installed capacity
2.4 MW
Average annual production
8.4 GWh
Status
Producing

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Røyrmyra Vindpark is a Norwegian wind farm acquired in 2019. The three Enercon turbines have a combined capacity of 2.4 MW and has approx. 3.500 full load hours a year, and an annual production of 8.4 GWh. Cloudberry is in the process of expanding the wind farm.

Hån 02 Haldenvassdraget
Hån 01

Hån Vindpark Wind Farm

Location
Årjäng, Värmland, Sweden
Asset type
Wind
In operation
Q4 2021
Installed capacity
21 MW
Average annual production
88 GWh
Status
Under development

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Hån Vindpark wind power is located in Årjäng municipality, Sweden, just off the Norwegian-Swedish border. Marker wind turbines are built on the Norwegian side of the border. Hån will have 6 wind turbines with an installed capacity of at least 21 MW and annual production of up to 88 GWh. The start of construction is Q3 2020 and commissioning is expected Q4 2021.

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Duvhällen Vindparken Wind Farm

Location
Eskilstuna, Södermanslän, Sweden
Asset type
Wind
In operation
Q4 2023
Installed capacity
56 MW
Average annual production
165 GWh
Status
Under development

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Duvhällen wind power plant is located in Eskilstuna municipality, Sweden, north-east of Lake Hjalmaren. Duvhällen will have 10 wind turbines with an installed capacity of up to 56 MW (compared with 30 MW in existing grid agreement) and annual production of up to 165 GWh. Construction is scheduled to start in 2022 and commissioning is expected Q4 2023.

Sattervallen Gräsviksbadet
Sattervallen Bottsviken höjden

Sättravallen Wind Farm

Location
Kristinehamn, Värmland, Sweden
Asset type
Wind
In operation
Q1 2016
Installed capacity
52.8 MW
Average annual production
86 GWh
Status
Sold to Alliance

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Sättravallen wind power plant is located in Kristinehamn municipality, Sweden. The project is 5 km east of Kristinehamn Municipal Center, north and south of the E18 highway. The project was commissioned in March 2016. Sättravallen has 16 wind turbines with an installed capacity of 52.8 MW and annual production of 86 GWh. Sättravallen was sold to and financed by Alliance, which has invested in a number of wind power projects in the Nordic region.

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Ransliden Högsbyn
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Ränsliden Wind Park

Location
Mellerud, Västra Götaland, Sweden
Asset type
Wind
In operation
Q4 2018
Installed capacity
25 MW
Average annual production
86 GWh
Status
Sold to Prime Capital

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Ränsliden wind power plant is located in Mellerud municipality, Dalsland, Sweden. The project was commissioned in October 2018. Ränsliden has 7 wind turbines with an installed capacity of 25 MW and annual production of 86 GWh. Ränsliden was sold and financed by Prime Capital AG, which has invested in a number of wind power projects in the Nordic region.

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Marker Vindpark Wind Farm

Location
Marker, Viken, Norway
Asset type
Wind
In operation
Q1 2019
Installed capacity
54 MW
Average annual production
193 GWh
Status
Sold to BKW Energie

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Marker Vindpark wind power plant is located in Marker Municipality, Norway. The project was commissioned in spring 2019. The project is located approx. 6 km east of Ørje, along the Norwegain-Swedish border. Marker has 15 wind turbines with an installed capacity of 54 MW and annual production of 193 GWh. Marker was sold to and financed by BKW Energie, a Swiss utility, which also is a partner in the Fosen project

Solide fundamenter til de 217 meter høye vindturbinene i Odal Vindkraftverk
Solide fundamenter bygges til vindturbinene i Odal Vindkraftverk
Odalen

Odal Wind Farm

Location
Odal, Innlandet, Norway
Asset type
Wind
In operation
Q1 2022
Installed capacity
54 MW
Average annual production
176 GWh
Status
Under construction

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The Odal windfarm is currently under construction in Innlandet, Norway. Installation of 34 turbines with up to 163 MW capacity is expected to be completed within year-end 2021 with electricity production commencing in 1Q 2022. The windfarm is developed together with experienced partners KLP and Akershus Energi. Cloudberry completed a transaction for the acquisition of 15% in year end 2020, and has the right to, and intends to, acquire up to a 33.4% shareholding in Odal windfarm by 30 June 2021. For more information about the Odal windfarm: https://odalvind.no/

Vâneren Daniel Dahlgren
Lake Vänern by David J

Rewind Vänern

Location
Lake Vänern, Sweden
Asset type
Wind
In operation
Construction start 2021/2022
Installed capacity
100 MW
Status
Under development

Read more

The 16-turbine/100 MW project is located in shallow water on the largest lake in southern Sweden, Lake Vänern. Construction start is anticipated in 2021/2022. Cloudberry and Downing LLP have signed a share purchase agreement for the construction and ownership of the nearshore, shallow water wind farm in Lake Vänern. Cloudberry will own 20% of the project after commissioning.

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Tverrdalselvi Hydropower

Location
Fjærland, Vestland, Norway
Asset type
Hydro
In operation
2020
Installed capacity
6 MW
Average annual production
17.2 GWh
Status
Producing
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Skeidsflåten Fjærland

Skeidsflåten Hydropower

Location
Fjærland, Vestland, Norway
Asset type
Hydro
In operation
2020
Installed capacity
4.8 MW
Average annual production
17.9 GWh
Status
Producing
Dam Anga
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Anga Hydropower

Location
Førde, Vestland, Norway
Asset type
Hydro
In operation
2019
Installed capacity
7.8 MW
Average annual production
21.7 GWh
Status
Producing
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5 Langedal BRUK DENNE

Langedal Hydropower

Location
Flora, Vestland, Norway
Asset type
Hydro
In operation
2018
Installed capacity
3.0 MW
Average annual production
12 GWh
Status
Producing
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Botna Hydropower

Location
Fjærland, Vestland, Norway
Asset type
Hydro
In operation
2020
Installed capacity
2.0 MW
Average annual production
6.6 GWh
Status
Producing
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Setredalen Hydropower

Location
Bremanger, Vestland, Norway
Asset type
Hydro
In operation
2019
Installed capacity
4.8 MW
Average annual production
20 GWh
Status
Producing
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9 Rusdalsåni BRUK DENNE

Rusdalsåni Hydropower

Location
Lund, Rogaland, Norway
Asset type
Hydro
In operation
2019
Installed capacity
5.2 MW
Average annual production
17.8 GWh
Status
Producing
7 Svardøla BRUK DENNE

Svardøla Hydropower

Location
Luster, Vestland, Norway
Asset type
Hydro
In operation
2018
Installed capacity
9.8 MW
Average annual production
29.3 GWh
Status
Producing
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Kvitno Hydropower

Location
Odda, Vestland, Norway
Asset type
Hydro
In operation
2015
Installed capacity
9 MW
Average annual production
32.5 GWh
Status
Producing
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Strupen Hydropower

Location
Gloppen, Vestland, Norway
Asset type
Hydro
In operation
2017
Installed capacity
1.9 MW
Average annual production
6.9 GWh
Status
Producing
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6 Eldao IMG 0857

Eldao Hydropower

Location
Luster, Vestland, Norway
Asset type
Hydro
In operation
2018
Installed capacity
9.7 MW
Average annual production
29.4 GWh
Status
Producing
3 Bråberg
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3 Bråberg BRUK DENNE

Bråberg Hydropower

Location
Ullensvang, Vestland, Norway
Asset type
Hydro
In operation
2018
Installed capacity
2.0 MW
Average annual production
6.4 GWh
Status
Producing
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4 Espeelvi BRUK DENNE

Espeelvi Hydropower

Location
Ullensvang, Vestland, Norway
Asset type
Hydro
In operation
2018
Installed capacity
4.6 MW
Average annual production
12 GWh
Status
Producing
Selsvannet starten på elven Bruk denne
Dam Selselva
Opp mot dam vinter
Selselva

Selselva Hydropower

Location
Sunnfjord, Vestland, Norway
Asset type
Hydro
In operation
2016
Installed capacity
5.3 MW
Average annual production
20 GWh
Status
Producing

Read more

Selselva Kraft is a producing hydropower plant located in Sunnfjord municipality in Vestland county with an annual production at a normalized level of 20 GWh.

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210222 Vigelandsvatnet inntak

Steinbergdalen Hydropower

Location
Lund, Rogaland, Norway
Asset type
Hydro
In operation
Q4 2021
Installed capacity
2.4 MW
Average annual production
7.5 GWh
Status
Under construction

Read more

The hydropower plants, Steinbergdalen and Flatestøl (Skåråna Kraft), will be built in 2021 and are planned to start production in the fourth quarter of 2021.

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210222 Vigelandsvatnet inntak

Flatestøl Hydropower

Location
Lund, Rogaland, Norway
Asset type
Hydro
In operation
Q4 2021
Installed capacity
2 MW
Average annual production
6.5 GWh
Status
Under construction

Read more

The hydropower plants, Steinbergdalen and Flatestøl (Skåråna Kraft), will be built in 2021 and are planned to start production in the fourth quarter of 2021.

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Dam Ramsliåna støpt 2

Ramsliåna Hydropower

Location
Flekkefjord, Agder, Norway
Asset type
Hydro
In operation
Q4 2021
Installed capacity
1.75 MW
Average annual production
6 GWh
Status
Under construction

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Ramsliåna hydro plant is located in Flekkefjord municipality in Agder county. The hydropower plant is expected to have full year production, with an annual production at a normalized level of 6 GWh.