Projects – Cloudberry

Odin Wind Farm

Location: Danmark (93% in DK1, 2% in DK2) (6% in SE-3)
Asset type: Wind
In operation: Avg 2016.
Gross installed capacity: 133 MW (106 MW)
Gross annual production: 389 GWh (311 GWh)
Ownership: 80%
Land lease remaining years: > 100 (Owns the land)
Status: Producing

Odin is a high-quality portfolio primarily consisting of Danish wind assets located in the attractive DK1 price area. The portfolio comprises 51 operating Vestas and Siemens turbines, totaling 106MW (net to Cloudberry). The acquisition includes land, repowering options, and a well-established partnership with Skovgaard.

Hån Wind Farm

Location: Sweden (Selling power in NO-1)
Asset type: Wind
In operation: 2022
Gross installed capacity: 21 MW
Gross annual production: 74 GWh
Ownership: 100%
Land lease remaining years: 30
Status: Producing

Hån Vindpark wind farm is located in Årjäng municipality, Sweden, near the Norwegian border. Marker wind farm is built on the Norwegian side of the border. Hån has 5 wind turbines with an installed capacity of 21 MW and an estimated annual production of 74 GWh. Construction of the wind farm began in August 2021, and the power plant is operational.

Sundby Wind Farm

Location: Sverige (SE-3)
Asset type: Wind
In operation: 2023
Gross installed capacity: 32.4 MW
Gross annual production: 89 GWh
Ownership: 100%
Land lease remaining years: 37
Status: Producing

Sundby Wind farm (Kafjärden) is located in Eskilstuna municipality, Sweden. All 9 Vestas turbines are installed and operational. Expecting 80-90% of normal production in 2024 due to ongoing grid reinforcements.

Project web site

Bøen I & II

Location: Norway (NO-2)
Asset type: Hydro
In operation: 2016
Gross installed capacity: 6 MW
Gross annual production: 18 GWh
Ownership: 100 %
Land lease remaining years: 40
Status: Producing

Bøen I & II hydropower plants are located in Hjelmeland municipality in Rogaland, Norway and expected annual production is 18 GWh.

Steinbergdalen Hydropower (Skåråna Kraft)

Location: Norway (NO-2)
Asset type: Hydro
In operation: 2022
Gross installed capacity: 2.4 MW
Gross annual production: 8 GWh
Ownership: 100%
Land lease remaining years: 38
Status: Producing

The hydropower plants, Steinbergdalen and Flatestøl (Skåråna Kraft), caame into production in 2022.

Flatestøl Hydropower (Skåråna Kraft)

Location: Norway (NO-2)
Asset type: Hydro
In operation: 2022
Gross installed capacity: 2 MW
Gross annual production: 7 GWh
Ownership: 100%
Land lease remaining years: 38
Status: Producing

The hydropower plants, Steinbergdalen and Flatestøl (Skåråna Kraft) are in production from 2022.

Røyrmyra Wind Farm

Location: Norway (NO-2)
Asset type: Wind
In operation: 2015
Gross installed capacity: 2.4 MW
Gross annual production: 8 GWh
Ownership: 100%
Land lease remaining years: 43
Status: Producing

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 GWh.

Tinnkraft

Location: Norway (NO-2)
Asset type: Hydro
In operation: 2008
Gross installed capacity: 2,4 MW
Gross annual production: 6 GWh
Ownership: 100 %
Land lease remaining years: 58
Status: Producing

Tinnkraft is situated in Tinn municipality. The hydropower plant has expected annual production of 6 GWh.

Odal Wind Farm

Location: Norway (NO-1)
Asset type: Wind
In operation: 2022
Gross installed capacity: 163 MW (54 MW)
Gross annual production: 528 GWh (176 GWh)
Ownership: 33.4%
Land lease remaining years: 28
Status: Producing

Odal wind farm and Siemens Gamesa have an ongoing program through 2024 to replace blades on the wind turbines.
For more information about the Odal windfarm: https://odalvind.no/

Kvitno Hydropower (Part of Forte portfolio)

Location: Norway (NO-2)
Asset type: Hydro
In operation: 2015
Gross installed capacity: 9 MW (4.5 MW)
Gross annual production: 33 GWh (16 GWh)
Ownership: 49.99%
Land lease remaining years: Avg. 36
Status: Producing

Kvitno hydropower is located in Odda, Vestland.

Svardøla Hydropower (Part of Forte portfolio)

Location: Norway (NO-5)
Asset type: Hydro
In operation: 2019
Gross installed capacity: 9.7 MW (4.8 MW)
Gross annual production: 29 GWh (15 GWh)
Ownership: 49.99%
Land lease remaining years: Avg. 51
Status: Producing

Svardøla hydropower is located in Luster, Vestland.

Setredalen Hydropower (Part of Forte portfolio)

Location: Norway (NO-3)
Asset type: Hydro
In operation: 2019
Gross installed capacity: 4.8 MW (2.4 MW)
Gross annual production: 20 GWh (10 GWh)
Ownership: 49.99%
Land lease remaining years: Avg. 47
Status: Producing

Setredalen hydropower is located in Bremanger, Vestland.

Eldao Hydropower (Part of Forte portfolio)

Location: Norway (NO-5)
Asset type: Hydro
In operation: 2018
Gross installed capacity: 9.8 MW (4.9 MW)
Gross annual production: 29 GWh (15 GWh)
Ownership: 49.99%
Land lease remaining years: Avg. 51
Status: Producing

Eldao hydropower is located in Luster, Vestland.

Anga Hydropower (Part of Forte portfolio)

Location: Norway (NO-3)
Asset type: Hydro
In operation: 2019
Gross installed capacity: 7.8 MW (3.9 MW)
Gross annual production: 22 GWh (11 GWh)
Ownership: 49.99%
Land lease remaining years: avg. 47
Status: Producing

Anga hydropower is located in Førde, Vestland.

Tverrdalselvi Hydropower (Part of Forte portfolio)

Location: Norway (NO-5)
Asset type: Hydro
In operation: 2020
Gross installed capacity: 6 MW (3 MW)
Gross annual production: 17 GWh (9 GWh)
Ownership: 49.99%
Land lease remaining years: Avg. 51
Status: Producing

Tverrdalselvi hydropower is located in Fjærland, on the west coast of Norway.

Skeidsflåten Hydropower (Part of Forte portfolio)

Location: Norway (NO-5)
Asset type: Hydro
In operation: 2020
Gross installed capacity: 4.8 MW (2.4 MW)
Gross annual production: 18 GWh (9 GWh)
Ownership: 49.99%
Land lease remaining years: Avg. 51
Status: Producing

Skeidsflåten hydropower is located in Fjærland, Vestland.

Rusdalsåni Hydropower (Part of Forte portfolio)

Location: Norway (NO-2)
Asset type: Hydro
In operation: 2019
Gross installed capacity: 5.2 MW (2.6 MW)
Gross annual production: 18 GWh (9 GWh)
Ownership: 49.99%
Land lease remaining years: Avg. 36
Status: Producing

Rusdalsåni hydropower is located in Lund, Rogaland.

Langedal Hydropower (Part of Forte portfolio)

Location: Norway (NO-3)
Asset type: Hydro
In operation: 2018
Gross installed capacity: 3.0 MW (1.5 MW)
Gross annual production: 10 GWh (5 GWh)
Ownership: 49.99%
Land lease remaining years: Avg. 47
Status: Producing

Langedal hydropower is located in Flora, Vestland.

Botna Hydropower (Part of Forte portfolio)

Location: Norway (NO-5)
Asset type: Hydro
In operation: 2020
Gross installed capacity: 2.0 MW (1.0 MW)
Gross annual production: 7 GWh (3 GWh)
Ownership: 49.99%
Land lease remaining years: Avg. 51
Status: Producing

Botna hydropower is located in Fjærland, Vestland.

Strupen Hydropower (Part of Forte portfolio)

Location: Norway (NO-3)
Asset type: Hydro
In operation: 2017
Gross installed capacity: 1.9 MW (1 MW)
Gross annual production: 7 GWh (3 GWh)
Ownership: 49.99%
Land lease remaining years: Avg. 47
Status: Producing

Strupen hydropower is located in Gloppen, Vestland.

Espeelvi Hydropower (Part of Forte portfolio)

Location: Norway (NO-5)
Asset type: Hydro
In operation: 2018
Gross installed capacity: 4.6 MW (2.3 MW)
Gross annual production: 9 GWh (4 GWh)
Ownership: 49.99%
Land lease remaining years: Avg. 51
Status: Producing

Espeeliv hydropower is located in Ullensvang, Vestland.

Bråberg Hydropower (Part of Forte portfolio)

Location: Norway (NO-5)
Asset type: Hydro
In operation: 2018
Gross installed capacity: 2.0 MW (1 MW)
Gross annual production: 6 GWh (3 GWh)
Ownership: 49.99%
Land lease remaining years: Avg. 51
Status: Producing

Bråberg hydropower is located in Ullensvang, Vestland.

Dyrdal Hydropower (Part of Forte portfolio)

Location: Norway (NO-5)
Asset type: Hydro
In operation: 2021
Gross installed capacity: 3.2 MW (1.6 MW)
Gross annual production: 9 GWh (5 GWh)
Ownership: 49.99%
Land lease remaining years: Avg 57
Status: Producing

Dyrdal hydropower is located close to Sognefjorden.

Øvre Kvemma Hydropower

Location: Norway
Asset type: Hydro
In operation: H1 2024
Gross installed capacity: 8 MW
Gross annual production: 20 GWh
Ownership: 100%
Land lease remaining years: 38
Status: Producing

Øvre Kvemma hydropower plant is located in Lærdal municipality in Vestland county. The expected annual production is 20 GWh (8 MW).

Munkhyttan vindpark

Location: Sverige (SE-3)
Asset type: Wind
In operation: Q4 2024
Gross installed capacity: 18 MW
Gross annual production: 60 GWh
Ownership: 100%
Land lease remaining years: 30
Status: Producing

Munkhyttan wind farm is located in Lindesberg municipality, Sweden. Munkhyttan will have 3 wind turbines with an installed capacity of up to 18 MW and an expected annual normal production of up to 60 GWh. The power plant is under construction, and the wind farm is expected to be operational in the 4th quarter of 2024.

Duvhällen Wind Farm

Location: Sweden (SE-3)
Asset type: Wind
In operation: 2024
Gross installed capacity: 60 MW
Gross annual production: Approximately 165 GWh
Ownership: 100%
Land lease remaining years: 25
Status: Ready to construct

Duvhällen wind power plant is located in Eskilstuna municipality, Sweden, north-east of Lake Hjalmaren.

Nees Hede (Solar project)

Location: Danmark (DK-1)
Asset type: Solar
In operation: Expecting investment decision during 2024.
Gross installed capacity: Approximately 175 MW (ca 140 MW)
Gross annual production: Approximately 210 GWh (ca. 168 GWh)
Ownership: 89%
Land lease remaining years: 30 + 29 (option)
Status: Ready to construct

Björnetjärnsberget Wind Farm

Location: Eda kommune, Värmland, Sweden
Asset type: Wind
In operation: Potentially 2031
Gross installed capacity: Ca 140 MW
Gross annual production: Ca 440 GWh
Ownership
Land lease remaining years
Status: Under development

Project web site

Vindpark Vänerhavet

Location: Mariestad, Götene and Gullspång municipality, Västra Götaland, Sweden
Asset type: Wind
In operation: Potentially 2032
Gross installed capacity: Potentially 500 - 1000 MW
Gross annual production: Around 2 - 4 TWh
Ownership
Land lease remaining years
Status: Development paused

Cloudberry is investigating the potential of establishing an offshore wind farm in Lake Vänern. The project development is currently paused.

Project web site

Älgfallet energipark

Location: Nora municipality
Asset type: Wind, solar, storage
In operation: Potentially 2031
Gross installed capacity
Gross annual production: 275 GWh
Ownership
Land lease remaining years
Status: Public consultation during May 2025

In collaboration with Sveaskog, Cloudberry Wind is investigating the possibility of a wind farm in the eastern part of Nora municipality. The project, called the Älgfallet wind farm, is partially located within a designated area of National Interest for Wind Power, and borders the Lindesberg municipality. The project area, which is approximately 530 hectares in size, is also in close proximity to a wind farm currently being constructed by Cloudberry Wind, the Munkhyttan wind farm, consisting of 3 turbines. The Munkhyttan wind farm is located in the Lindesberg municipality.

The Älgfallet wind farm project is in a very early stage, where we have just begun to investigate the conditions in the area. There is still a long time before this project may be built; it must first go through the thorough permitting phase required for all wind power projects in Sweden. The proximity to the Munkhyttan wind farm offers advantages for a potential construction and operation of the Älgfallet wind farm, and we believe that the collaboration between Cloudberry Wind and Sveaskog can generate additional value.

Project web site