Oslo, Norway, 18 January 2021: Cloudberry Clean Energy AS (“Cloudberry” or the “Company”) is a Nordic renewable energy company. Cloudberry provides growth and value creation by owning, developing and operating renewable energy assets in Norway and Sweden. The Company seeks to grow both organically and inorganically, through maturing and executing on its portfolio of hydro and wind power assets. The portfolio, which ranges from undeveloped projects to producing assets, represents a significant growth and value creation potential.
Cloudberry has today published an updated investor presentation where the following key events since the publication of the last Company Presentation 9 December 2020 are described:
- Successful completion of NOK 500m private placement
- Closed acquisition of 15% of Odal windfarm project
- Closed acquisition of Selselva hydropower plant
- Signed SPA with Downing LLP for construction and ownership of Project Vänern shallow water windfarm
The presentation is available on the Company's website www.cloudberry.no and attached to this notice.
For further information, please visit our company and investor relations website www.cloudberry.no
About Cloudberry Clean Energy
Cloudberry Clean Energy AS is a Nordic renewable energy company. We own, develop and operate hydro power plants and wind farms in Norway and Sweden. Our purpose is to provide clean renewable energy for future generations, developing a sustainable society for the long term and creating value for our stakeholders. We believe in a fundamental long-term demand for renewable energy in the Nordics and Europe. Our purpose shapes every aspect of how Cloudberry operates.
Cloudberry has a strong commitment to local communities. Our integrated value chain approach ensures local presence and optimisation of stakeholder alignment and value creation. Our long-term growth strategy rests upon our ability to create value for stakeholders, and our ability to use the best possible technology available, bring down costs, improve sustainability and make an important contribution to the necessary European energy transition. We will realise growth through organic greenfield development and by taking part in structural development of the Nordic renewable energy industry.
We are a public Euronext Growth company supported by strong owners and led by an experienced management team and board. Our offices are in Oslo, Norway (main office) and Karlstad, Sweden. To learn more about Cloudberry, go to www.cloudberry.no.