Cloudberry Clean Energy

TekBot · oktober 31, 2023, 6:01am

Cloudberry Clean Energy ASA | Third quarter 2023 report

Oslo, Norway, 31 October 2023: Cloudberry Clean Energy ASA (“Cloudberry” or the
“Company”) reports a strong operational third quarter.

…

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· Financial highlights
· Consolidated revenue of NOK 74m (55m) and proportionate revenue of NOK 86m
(387m). Year-to-date proportionate revenue of NOK 564m (510m)
· Consolidated EBITDA of NOK 2m (74m) and proportionate EBITDA of NOK 14m
(284m). Year-to-date proportionate EBITDA of NOK 342m (326m)
· Significant increase in proportionate production: 155 GWh (70 GWh)
· Lower realized power prices: NOK 0.50 per kWh (NOK 2.46). Revenue affected
by lower prices across the Nordics
· Strong balance sheet and low debt. Cash position of NOK 784m
· Successful increase of available bank facility with NOK 800m at attractive
terms

· Project highlights
· Sundby. Construction is progressing according to time and budget with all
the Vestas turbines erected ahead of time per the reporting date. Three
turbines have been energized and test production has started with a ramp-up over
the next nine months
· Kvemma. Construction is completed ahead of time. Final connection to the
grid and financial close is expected during H1 2024
· Munkhyttan. Site preparations are progressing according to time and budget
· Avoided emissions during the third quarter of 34,410 tCO2e (17,430 tCO2e)

· Subsequent Events
· Signed a three-year power purchase agreement (“PPA”) for 31.5 GWh annual
proportionate production in DK1 with a fixed power price of DKK 0.77 per kWh
(NOK 1.22 per kWh)
· Signed a term-sheet for the future development of the Nees Hede climate
park, a 210 MW (168 MW proportionate) capacity solar and wind project in DK1
Denmark. With this project the backlog has significantly increased to a total of
686 MW per the reporting date. Please see a separately published stock exchange
notice for further information

Cloudberry invites investors, analysts, and other stakeholders to a company
presentation tomorrow (01 November) at 11:00 CET. Please use the following link
to register and join:
https://tv.streamfabriken.com/cloudberry_clean_energy_asa_q3_2023

The third quarter report for 2023, the presentation material, and the link to
the webcast and Q&A session will be made available at http://www.cloudberry.no/.

For further information please contact:
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,
okb@cloudberry.no

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation (MAR) and is subject to the disclosure requirements
pursuant to MAR article 17 and Section 5-12 the Norwegian Securities Trading
Act. This stock exchange announcement was published by Ole-Kristofer Bragnes,
Senior Financial Officer, in Cloudberry Clean Energy ASA on 31 October 2023, at
07:00 CET.

About Cloudberry
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local traditions. The Company owns, develops, and operates
hydropower plants and wind farms in the Nordics. Cloudberry is powering the
energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry`s shares are traded on
Oslo Stock Exchange’s main list (Oslo Børs), supported by strong owners and led
by an experienced team and board. The Company has offices in Oslo, Norway (main
office), Karlstad, Gothenburg and Eskilstuna, Sweden and Lemvig, Denmark. To
learn more about Cloudberry, go to www.cloudberry.no

Kilde

TekBot · oktober 31, 2023, 6:01am

Cloudberry Clean Energy ASA | New hybrid project of 210 MW added to the backlog

Oslo, Norway, 31 October 2023: Cloudberry Clean Energy ASA (“Cloudberry” or the
“Company”) is pleased to announce that an Odin Energy subsidiary (“Odin”) has
signed a term-sheet agreement with Skovgaard Energy A/S (“Skovgaard”) to acquire
…

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the Nees Hede project, a 210 MW (168 MW proportionate) solar and wind hybrid
project (the “Transaction”). Through the acquisition of the Odin portfolio
earlier this year, Cloudberry is perfectly positioned to take part in further
development opportunities in Denmark as shown by this project. The Nees Hede
project represents an important milestone as the first project from the
development agreement with Skovgaard.

Cloudberry will through the Odin portfolio acquire from Skovgaard Klimapark Nees
Hede K/S consisting of the development and grid rights and the land access to
the Nees Hede project (“Nees Hede”). Nees Hede is a climate park with a
favourable ESG footprint and local acceptance, situated on the western part of
Jutland in the attractive DK 1 price area.

The project consists of 140 MW of solar capacity proportionate to Cloudberry of
already environmentally permitted capacity. All projects’ rights will be
transferred into Odin with a corresponding land lease agreement of 30 years with
an additional option of another 30 years. Further, Skovgaard and Cloudberry will
continue the development project with an aim to reach a permit for wind
production in combination to the permitted solar. If a final investment decision
(FID) is taken for the project, the land for the wind project will be acquired
by Nees Hede at a pre-determined price. The complete Nees Hede project is
estimated to be approximately 210 MW, with 168 MW proportionate to Cloudberry
which will be added to the backlog.

The Nees Hede climate park is to be developed as a hybrid project utilizing the
synergies between the wind and solar technologies to achieve beneficial project
economics and risk advantages. This will be the first hybrid project developed
by Cloudberry and the project will be an important contributor to the Cloudberry
portfolio, both through the project returns and the transfer of hybrid project
know-how.

“We are very pleased to see the first project materialising from the development
agreement with Skovgaard to further reinforce the Danish partnership and
increase development activities in Denmark. The project will be an important
contribution to our DK1 portfolio and will yield increased diversification to
the Cloudberry portfolio as well as executing on our overall development
strategy”, says CEO Anders Lenborg.

The parties have agreed that Cloudberry will pay a fee of EUR 1.6 million to
transfer the project into Odin. The total enterprise value for the project is
EUR 8 million, where the remaining enterprise value of EUR 4.8 million and EUR
1.6 million is payable upon a potential final investment decision (FID) and
commercial operating date (COD) respectively. All numbers are proportionate to
Cloudberry.

The closing of the Transaction is estimated in Q4 2023 and is subject to
agreement of final transaction documents, satisfactory due diligence and board
approvals.

For further information, visit our company and IR website: www.cloudberry.no or
contact:
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,
okb@cloudberry.no

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

About Cloudberry
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local traditions. The Company owns, develops, and operates
hydropower plants and wind farms in the Nordics. Cloudberry is powering the
energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry`s shares are traded on
Oslo Stock Exchange’s main list (Oslo Børs), supported by strong owners and led
by an experienced team and board. The Company has offices in Oslo, Norway (main
office), Karlstad, Gothenburg and Eskilstuna, Sweden. To learn more about
Cloudberry, go to www.cloudberry.no

Kilde

TekBot · november 6, 2023, 7:01am

Cloudberry Clean Energy ASA | Transactions made under the share buy-back programme

Oslo, 06 November. On October 31 Cloudberry Clean Energy ASA (“Cloudberry”)
announced its decision to initiate a share buy-back programme.

…

Vis børsmeldingen

· The duration of the buy-back programme: 31 October 2023 until 31 December
2023 at the latest.
· Size of the buy-back programme: Up to 3,000,000 shares, with a maximum total
consideration of NOK 43,800,000.
· During week 44 2023, Cloudberry purchased 263,100 own shares at an average
price of NOK 10.7886 per share.

Below is an overview of the transactions carried out under the buy-back
programme.

Date | Number of shares | Average
price (NOK) | Total transaction value (NOK)

31/10/2023 | 64,700 |
10.6404 | 688,433.88

01/11/2023 | 67,100 |
10.7341 | 720,258.11

02/11/2023 | 67,500 |
10.8493 | 732,327.75

03/11/2023 | 63,800 |
10.9319 | 697,455.22

Previously announced | 0 |
0 | 0

under the programme

(accumulated) |
|
|

Accumulated under

The buy back | 263,100 |
10.7886 | 2,838,474.96

programme |
|
|

The issuer’s holding of own shares:

Following the completion of the above transactions, Cloudberry Clean Energy ASA
owns a total of 263,100 own shares, corresponding to 0.1% of the Company’s share
capital.

Appendix:

An overview of all transactions made under the buy-back programme that have been
carried out during the above-mentioned time period is attached to this report
and available at www.newsweb.no.

This information is made public by Cloudberry pursuant to article 5 of the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
Section 5-12 of the Norwegian Securities Trading Act.

For information please contact:
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,
okb@cloudberry.no

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

About Cloudberry
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local traditions. The Company owns, develops, and operates
hydropower plants and wind farms in the Nordics. Cloudberry is powering the
energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry`s shares are traded on
Oslo Stock Exchange’s main list (Oslo Børs), supported by strong owners and led
by an experienced team and board. The Company has offices in Oslo, Norway (main
office), Karlstad, Gothenburg and Eskilstuna in Sweden and Lemvig in Denmark. To
learn more about Cloudberry, go to www.cloudberry.no

Kilde

TekBot · november 13, 2023, 7:02am

Cloudberry Clean Energy ASA | Transactions made under the share buy-back programme

Oslo, 13 November. On October 31 Cloudberry Clean Energy ASA (“Cloudberry”)
announced its decision to initiate a share buy-back programme.

…

Vis børsmeldingen

· The duration of the buy-back programme: 31 October 2023 until 31 December
2023 at the latest.
· Size of the buy-back programme: Up to 3,000,000 shares, with a maximum total
consideration of NOK 43,800,000.
· During week 45 2023, Cloudberry purchased 309,000 own shares at an average
price of NOK 10.2907per share.

Below is an overview of the transactions carried out under the buy-back
programme.

Date | Number of shares | Average
price (NOK) | Total transaction value (NOK)

06/11/2023 | 60,700 |
10.4099 | 631,880.93

07/11/2023 | 59,200 |
10.1599 | 601,466.08

08/11/2023 | 63,900 |
10.4296 | 666,451.44

09/11/2023 | 64,700 |
10.2581 | 663,699.07

10/11/2023 | 60,500 |
10.1874 | 616,337.70

Previously announced | 263,100 |
10.7886 | 2,838,474.96

under the programme

(accumulated) |
| |

Accumulated under

The buy back | 572,100 |
10.5197 | 6,018,310.18

programme |
|
|

The issuer’s holding of own shares:

Following the completion of the above transactions, Cloudberry Clean Energy ASA
owns a total of 572,100 own shares, corresponding to 0.2% of the Company’s share
capital.

Appendix:

An overview of all transactions made under the buy-back programme that have been
carried out during the above-mentioned time period is attached to this report
and available at www.newsweb.no.

This information is made public by Cloudberry pursuant to article 5 of the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
Section 5-12 of the Norwegian Securities Trading Act.

For information please contact:
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,
okb@cloudberry.no

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

About Cloudberry
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local traditions. The Company owns, develops, and operates
hydropower plants and wind farms in the Nordics. Cloudberry is powering the
energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry`s shares are traded on
Oslo Stock Exchange’s main list (Oslo Børs), supported by strong owners and led
by an experienced team and board. The Company has offices in Oslo, Norway (main
office), Karlstad, Gothenburg and Eskilstuna in Sweden and Lemvig in Denmark. To
learn more about Cloudberry, go to www.cloudberry.no

Kilde

TekBot · november 20, 2023, 7:01am

Cloudberry Clean Energy ASA | Transactions made under the share buy-back programme

Oslo, 20 November. On October 31 Cloudberry Clean Energy ASA (“Cloudberry”)
announced its decision to initiate a share buy-back programme

…

Vis børsmeldingen

· The duration of the buy-back programme: 31 October 2023 until 31 December
2023 at the latest.
· Size of the buy-back programme: Up to 3,000,000 shares, with a maximum total
consideration of NOK 43,800,000.
· During week 46 2023, Cloudberry purchased 304,200 own shares at an average
price of NOK 10.0626 per share.

Below is an overview of the transactions carried out under the buy-back
programme.

Date | Number of shares | Average price (NOK) |
Total transaction value (NOK)

13/11/2023 | 57,000 |
9.997 | 569,829.00

14/11/2023 | 61,300 |
10.0137 | 613,839.81

15/11/2023 | 62,600 |
10.1624 | 636,166.24

16/11/2023 | 62,100 |
10.0914 | 626,675.94

17/11/2023 | 61,200 |
10.0415 | 614,539.80

Previously announced | 572,100 |
10.5197 | 6,018,310.18

under the programme

(accumulated) |
| |

Accumulated under

The buy back | 876,300 |
10.3610 | 9,079,360.97

programme |
|
|

The issuer’s holding of own shares:

Following the completion of the above transactions, Cloudberry Clean Energy ASA
owns a total of 876,300 own shares, corresponding to 0.3% of the Company’s share
capital.

Appendix:

An overview of all transactions made under the buy-back programme that have been
carried out during the above-mentioned time period is attached to this report
and available at www.newsweb.no.

This information is made public by Cloudberry pursuant to article 5 of the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
Section 5-12 of the Norwegian Securities Trading Act.

For information please contact:
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,
okb@cloudberry.no

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

About Cloudberry
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local traditions. The Company owns, develops, and operates
hydropower plants and wind farms in the Nordics. Cloudberry is powering the
energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry`s shares are traded on
Oslo Stock Exchange’s main list (Oslo Børs), supported by strong owners and led
by an experienced team and board. The Company has offices in Oslo, Norway (main
office), Karlstad, Gothenburg and Eskilstuna in Sweden and Lemvig in Denmark. To
learn more about Cloudberry, go to www.cloudberry.no

Kilde

TekBot · november 27, 2023, 8:39am

Cloudberry Clean Energy ASA | Transactions made under the share buy-back programme

Oslo, 27 November. On October 31 Cloudberry Clean Energy ASA (“Cloudberry”)
announced its decision to initiate a share buy-back programme.

…

Vis børsmeldingen

· The duration of the buy-back programme: 31 October 2023 until 31 December
2023 at the latest.
· Size of the buy-back programme: Up to 3,000,000 shares, with a maximum total
consideration of NOK 43,800,000.
· During week 47 2023, Cloudberry purchased 307,300 own shares at an average
price of NOK 9.9481 per share.

Below is an overview of the transactions carried out under the buy-back
programme.

Date | Number of shares | Average
price (NOK) | Total transaction value (NOK)

20/11/2023 | 59,000 |
10.0544 | 593,209.60

21/11/2023 | 59,900 |
9.9901 | 598,406.99

22/11/2023 | 61,100 |
9.8457 | 601,572.27

23/11/2023 | 62,614 |
9.889 | 619,189.85

24/11/2023 | 64,686 |
9.9663 | 644,680.08

Previously announced | 876,300 |
10.3610 | 9,079,360.97

under the programme

(accumulated) |
|
|

Accumulated under

The buy back | 1,183,600 |
10.2538 | 12,136,419.76

programme |
|
|

The issuer’s holding of own shares:

Following the completion of the above transactions, Cloudberry Clean Energy ASA
owns a total of 1,183,600 own shares, corresponding to 0.4% of the Company’s
share capital.

Appendix:

An overview of all transactions made under the buy-back programme that have been
carried out during the above-mentioned time period is attached to this report
and available at www.newsweb.no.

This information is made public by Cloudberry pursuant to article 5 of the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
Section 5-12 of the Norwegian Securities Trading Act.

For information please contact:
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,
okb@cloudberry.no

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

About Cloudberry
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local traditions. The Company owns, develops, and operates
hydropower plants and wind farms in the Nordics. Cloudberry is powering the
energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry`s shares are traded on
Oslo Stock Exchange’s main list (Oslo Børs), supported by strong owners and led
by an experienced team and board. The Company has offices in Oslo, Norway (main
office), Karlstad, Gothenburg and Eskilstuna in Sweden and Lemvig in Denmark. To
learn more about Cloudberry, go to www.cloudberry.no

Kilde

TekBot · desember 4, 2023, 7:00am

Cloudberry Clean Energy ASA | Transactions made under the share buy-back programme

Oslo, 04 December. On October 31 Cloudberry Clean Energy ASA (“Cloudberry”)
announced its decision to initiate a share buy-back programme.

…

Vis børsmeldingen

· The duration of the buy-back programme: 31 October 2023 until 31 December
2023 at the latest.
· Size of the buy-back programme: Up to 3,000,000 shares, with a maximum total
consideration of NOK 43,800,000.
· During week 48 2023, Cloudberry purchased 310,300 own shares at an average
price of NOK 9.9913 per share.

Below is an overview of the transactions carried out under the buy-back
programme.

Date | Number of shares | Average
price (NOK) | Total transaction value (NOK)

27/11/2023 | 64,800 |
10.0743 | 652,814.64

28/11/2023 | 66,100 |
9.9828 | 659,863.08

29/11/2023 | 61,200 |
9.9283 | 607,611.96

30/11/2023 | 59,000 |
9.9501 | 587,055.90

01/12/2023 | 59,200 |
10.0161 | 592,953.12

Previously announced | 1,183,600 |
10.2538 | 12,136,419.76

under the programme

(accumulated) |
|
|

Accumulated under

The buy back | 1,493,900 |
10.1993 | 15,236,718.46

programme |
|
|

The issuer’s holding of own shares:

Following the completion of the above transactions, Cloudberry Clean Energy ASA
owns a total of 1,493,900 own shares, corresponding to 0.5% of the Company’s
share capital.

Appendix:

An overview of all transactions made under the buy-back programme that have been
carried out during the above-mentioned time period is attached to this report
and available at www.newsweb.no.

This information is made public by Cloudberry pursuant to article 5 of the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
Section 5-12 of the Norwegian Securities Trading Act.

For information please contact:
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,
okb@cloudberry.no

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

About Cloudberry
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local traditions. The Company owns, develops, and operates
hydropower plants and wind farms in the Nordics. Cloudberry is powering the
energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry`s shares are traded on
Oslo Stock Exchange’s main list (Oslo Børs), supported by strong owners and led
by an experienced team and board. The Company has offices in Oslo, Norway (main
office), Karlstad, Gothenburg and Eskilstuna in Sweden and Lemvig in Denmark. To
learn more about Cloudberry, go to www.cloudberry.no

Kilde

TekBot · desember 11, 2023, 7:00am

Cloudberry Clean Energy ASA | Transactions made under the share buy-back programme

Oslo, 11 December. On October 31 Cloudberry Clean Energy ASA (“Cloudberry”)
announced its decision to initiate a share buy-back programme.

…

Vis børsmeldingen

· The duration of the buy-back programme: 31 October 2023 until 31 December
2023 at the latest.
· Size of the buy-back programme: Up to 3,000,000 shares, with a maximum total
consideration of NOK 43,800,000.
· During week 49 2023, Cloudberry purchased 259,630 own shares at an average
price of NOK 9.9384 per share.

Below is an overview of the transactions carried out under the buy-back
programme.

Date | Number of shares | Average
price (NOK) | Total transaction value (NOK)

04/12/2023 | 56,400 |
9.9047 | 558,625.08

05/12/2023 | 54,500 |
9.7952 | 533,838.40

06/12/2023 | 47,330 |
9.9424 | 470,573.79

07/12/2023 | 50,300 |
9.9982 | 502,909.46

08/12/2023 | 51,100 |
10.0656 | 514,352.16

Previously announced | 1,493,900 |
10.1993 | 15,236,718.46

under the programme

(accumulated) |
|
|

Accumulated under

The buy back | 1,753,530 |
10.1607 | 17,817,017.35

programme |
|
|

The issuer’s holding of own shares:

Following the completion of the above transactions, Cloudberry Clean Energy ASA
owns a total of 1,753,530 own shares, corresponding to 0.6% of the Company’s
share capital.

Appendix:

An overview of all transactions made under the buy-back programme that have been
carried out during the above-mentioned time period is attached to this report
and available at www.newsweb.no.

This information is made public by Cloudberry pursuant to article 5 of the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
Section 5-12 of the Norwegian Securities Trading Act.

For information please contact:
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,
okb@cloudberry.no

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

About Cloudberry
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local traditions. The Company owns, develops, and operates
hydropower plants and wind farms in the Nordics. Cloudberry is powering the
energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry`s shares are traded on
Oslo Stock Exchange’s main list (Oslo Børs), supported by strong owners and led
by an experienced team and board. The Company has offices in Oslo, Norway (main
office), Karlstad, Gothenburg and Eskilstuna in Sweden and Lemvig in Denmark. To
learn more about Cloudberry, go to www.cloudberry.no

Kilde

TekBot · desember 13, 2023, 8:00am

Cloudberry Clean Energy ASA | Update on tax proposal for Norwegian on-shore wind

Oslo, Norway, 13 December 2023: Yesterday evening the government published a
statement that they have reached a broad consensus between the political parties
on the agreement for ground rent tax on Norwegian on-shore wind.
…

Vis børsmeldingen

Overall, the resource rent tax (NO: Grunnrenteskatt) for Norwegian onshore wind
is lowered from an original effective tax rate of 40% to 25%.

For existing wind farms, the government has also proposed changes to the
transition rules which looks better than their initial proposal, although not
achieving full investment neutrality. At present there is limited information
available to evaluate the full proposal.

For new wind farms the resource tax will be structured with cash payments of
negative resource tax, as is already implemented on large scale hydro. This
represents a positive development, which should make the resource tax close to
investment neutral for new projects. Although the complete proposal will have to
be reviewed to conclude.

We are pleased that the negotiations have been concluded and the Parliament has
reached a broad settlement, says CEO Anders Lenborg. - We are satisfied that our
input regarding new projects has been listen to.

Cloudberry will revert with more details once the complete proposal has been
published, estimated early next week.

For information and relevant documents please visit our website
www.cloudberry.no
For further information, visit our company and IR website www.cloudberry.no or
contact:
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,
okb@cloudberry.no

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

About Cloudberry
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local traditions. The Company owns, develops, and operates
hydropower plants and wind farms in the Nordics. Cloudberry is powering the
energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry`s shares are traded on
Oslo Stock Exchange’s main list (Oslo Børs), supported by strong owners and led
by an experienced team and board. The Company has offices in Oslo, Norway (main
office), Karlstad, Gothenburg and Eskilstuna in Sweden and Lemvig in Denmark. To
learn more about Cloudberry, go to www.cloudberry.no

Kilde

TekBot · desember 18, 2023, 7:01am

Cloudberry Clean Energy ASA | Transactions made under the share buy-back programme

Oslo, 18 December. On October 31 Cloudberry Clean Energy ASA (“Cloudberry”)
announced its decision to initiate a share buy-back programme.

…

Vis børsmeldingen

· The duration of the buy-back programme: 31 October 2023 until 31 December
2023 at the latest.
· Size of the buy-back programme: Up to 3,000,000 shares, with a maximum total
consideration of NOK 43,800,000.
· During week 50 2023, Cloudberry purchased 316,470 own shares at an average
price of NOK 10.1095 per share.

Below is an overview of the transactions carried out under the buy-back
programme.

Date | Number of shares | Average
price (NOK) | Total transaction value (NOK)

11/12/2023 | 51,600 |
10.0001 | 516,005.16

12/12/2023 | 52,870 |
9.8894 | 522,852.58

13/12/2023 | 55,700 |
9.9023 | 551,558.11

14/12/2023 | 74,300 |
10.4231 | 774,436.33

15/12/2023 | 82,000 |
10.1768 | 834,497.60

Previously announced | 1,753,530 |
10.1607 | 17,817,017.35

under the programme

(accumulated) |
|
|

Accumulated under

The buy back | 2,070,000 |
10.1528 | 21,016,367.13

programme |
|
|

The issuer’s holding of own shares:

Following the completion of the above transactions, Cloudberry Clean Energy ASA
owns a total of 2,070,000 own shares, corresponding to 0.7% of the Company’s
share capital.

Appendix:

An overview of all transactions made under the buy-back programme that have been
carried out during the above-mentioned time period is attached to this report
and available at www.newsweb.no.

This information is made public by Cloudberry pursuant to article 5 of the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
Section 5-12 of the Norwegian Securities Trading Act.

For information please contact:
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,
okb@cloudberry.no

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

About Cloudberry
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local traditions. The Company owns, develops, and operates
hydropower plants and wind farms in the Nordics. Cloudberry is powering the
energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry`s shares are traded on
Oslo Stock Exchange’s main list (Oslo Børs), supported by strong owners and led
by an experienced team and board. The Company has offices in Oslo, Norway (main
office), Karlstad, Gothenburg and Eskilstuna in Sweden and Lemvig in Denmark. To
learn more about Cloudberry, go to www.cloudberry.no

Kilde

TekBot · desember 19, 2023, 1:26pm

Financial calendar

TekBot · desember 19, 2023, 1:26pm

Finansiell kalender

TekBot · desember 20, 2023, 7:30am

Cloudberry Clean Energy ASA | Acquiring the remaining shares in Captiva

Oslo, Norway, 20 December 2023: Cloudberry Clean Energy ASA (“Cloudberry”) is
pleased to announce that it has acquired the remaining 40% of the shares in
Captiva Digital Services AS (“Captiva”) from CCP AS. This is according to
…

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Cloudberry’s strategic plan and will continue to strengthen the synergies
between the two companies enabling further growth and development. Captiva’s
external customers will remain top priority serving them with the same
integrity, competence and focus as always.

Captiva has since Cloudberry’s acquisition of 60% of the shares in January 2022,
represented the Operations segment in the Group. Over the period, Captiva has
added significant value to Cloudberry’s hydro development, procurement &
construction as well as being recognized as a high-quality asset manager for
power plants in the Nordics. Through the acquisition of the remaining shares,
Cloudberry will achieve full ownership of Captiva and is able to further
integrate the business areas within Captiva that is core for Cloudberry in order
to scale these in the best possible manner.

Captiva’s digital platform is now industrially tested with strong feedback from
customers. Cloudberry will continue to evaluate how to best scale the digital
operations going forward which may include external partnerships.

“Since acquiring 60% of Captiva, we have clearly seen how Captiva’s capabilities
within development and operations of renewable assets fit perfectly together
with Cloudberry’s portfolio, strategy and expertise. We look forward to
continuing the journey together and further capitalize on the synergies”, says
CEO Anders Lenborg.

Cloudberry will acquire 40% of the shares in Captiva for a cash consideration of
NOK 23 million (NOK 57 million on 100% basis). The enterprise value on a debt
and cash free basis for 100% of Captiva is ~NOK 107 million and verified through
a fairness opinion by a reputable third party. The change from enterprise value
to equity value consisting predominantly of internal debt to Cloudberry.
Cloudberry will recognize an impairment to reflect the agreed enterprise value
of Captiva on Cloudberry’s balance sheet.

For information and relevant documents please visit our website
www.cloudberry.no
For further information, visit our company and IR website www.cloudberry.no or
contact:
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,
okb@cloudberry.no

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

About Cloudberry
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local traditions. The Company owns, develops, and operates
hydropower plants and wind farms in the Nordics. Cloudberry is powering the
energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry`s shares are traded on
Oslo Stock Exchange’s main list (Oslo Børs), supported by strong owners and led
by an experienced team and board. The Company has offices in Oslo, Norway (main
office), Karlstad, Gothenburg and Eskilstuna in Sweden and Lemvig in Denmark. To
learn more about Cloudberry, go to www.cloudberry.no

Kilde

TekBot · desember 27, 2023, 7:02am

Cloudberry Clean Energy ASA | Transactions made under the share buy-back programme

Oslo, 27 December. On October 31 Cloudberry Clean Energy ASA (“Cloudberry”)
announced its decision to initiate a share buy-back programme.

…

Vis børsmeldingen

· The duration of the buy-back programme: 31 October 2023 until 31 December
2023 at the latest.
· Size of the buy-back programme: Up to 3,000,000 shares, with a maximum total
consideration of NOK 43,800,000.
· During week 51 2023, Cloudberry purchased 432,000 own shares at an average
price of NOK 10.3808 per share.

Below is an overview of the transactions carried out under the buy-back
programme.

Date | Number of shares | Average
price (NOK) | Total transaction value (NOK)

18/12/2023 | 82,900 |
10.1323 | 839,967.67

19/12/2023 | 83,100 |
10.4720 | 870,223.20

20/12/2023 | 86,600 |
10.3684 | 897,903.44

21/12/2023 | 85,700 |
10.4548 | 895,976.36

22/12/2023 | 93,700 |
10.4635 | 980,429.95

Previously announced | 2,070,000 |
10.1528 | 21,016,367.13

under the programme

(accumulated) |
|
|

Accumulated under

The buy back | 2,502,000 |
10.1922 | 25,500,867.75

programme |
|
|

The issuer’s holding of own shares:

Following the completion of the above transactions, Cloudberry Clean Energy ASA
owns a total of 2,502,000 own shares, corresponding to 0.9% of the Company’s
share capital.

Appendix:

An overview of all transactions made under the buy-back programme that have been
carried out during the above-mentioned time period is attached to this report
and available at www.newsweb.no.

This information is made public by Cloudberry pursuant to article 5 of the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
Section 5-12 of the Norwegian Securities Trading Act.

For information please contact:
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,
okb@cloudberry.no

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

About Cloudberry
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local traditions. The Company owns, develops, and operates
hydropower plants and wind farms in the Nordics. Cloudberry is powering the
energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry`s shares are traded on
Oslo Stock Exchange’s main list (Oslo Børs), supported by strong owners and led
by an experienced team and board. The Company has offices in Oslo, Norway (main
office), Karlstad, Gothenburg and Eskilstuna in Sweden and Lemvig in Denmark. To
learn more about Cloudberry, go to www.cloudberry.no

Kilde

TekBot · januar 2, 2024, 7:01am

Cloudberry Clean Energy ASA | Transactions made under the share buy-back programme

Oslo, 02 January. On October 31 2023 Cloudberry Clean Energy ASA (“Cloudberry”)
announced its decision to initiate a share buy-back programme.

…

Vis børsmeldingen

· The duration of the buy-back programme: 31 October 2023 until 31 December
2023 at the latest.
· Size of the buy-back programme: Up to 3,000,000 shares, with a maximum total
consideration of NOK 43,800,000.
· During week 52 2023, Cloudberry purchased 305,500 own shares at an average
price of NOK 11.3641 per share.

Below is an overview of the transactions carried out under the buy-back
programme.

Date | Number of shares | Average
price (NOK) | Total transaction value (NOK)

27/12/2023 | 95,300 |
11.0784 | 1,055,771.52

28/12/2023 | 100,100 |
11.4117 | 1,142,311.17

29/12/2023 | 110,100 |
11.5681 | 1,273,647.81

Previously announced | 2,502,000 |
10.1922 | 25,500,867.75

under the programme

(accumulated) |
|
|

Accumulated under

The buy back | 2,807,500 |
10.3197 | 28,972,598.25

programme |
|
|

The issuer’s holding of own shares:

Following the completion of the above transactions, Cloudberry Clean Energy ASA
owns a total of 2,807,500 own shares, corresponding to 1.0% of the Company’s
share capital.

Appendix:

An overview of all transactions made under the buy-back programme that have been
carried out during the above-mentioned time period is attached to this report
and available at www.newsweb.no.

This information is made public by Cloudberry pursuant to article 5 of the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
Section 5-12 of the Norwegian Securities Trading Act.

For information please contact:
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,
okb@cloudberry.no

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

About Cloudberry
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local traditions. The Company owns, develops, and operates
hydropower plants and wind farms in the Nordics. Cloudberry is powering the
energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry`s shares are traded on
Oslo Stock Exchange’s main list (Oslo Børs), supported by strong owners and led
by an experienced team and board. The Company has offices in Oslo, Norway (main
office), Karlstad, Gothenburg and Eskilstuna in Sweden and Lemvig in Denmark. To
learn more about Cloudberry, go to www.cloudberry.no

Kilde

TekBot · januar 2, 2024, 7:02am

Cloudberry Clean Energy ASA | Completion of share buy-back programme

Oslo, 02 January. Cloudberry Clean Energy ASA (Cloudberry or the Company) has
completed the share buy-back programme announced 30 October 2023 for the
repurchase of up to 3,000,000 shares, with an aggregate maximum amount of NOK
…

Vis børsmeldingen

43,800,000.

A total of 2,807,500 shares, which equals 0.96% of the shares of the Company,
were repurchased on Oslo Børs at an average price of NOK 10.3197 per share.
Consequently, the total consideration amounted to NOK 28,972,598.25.

Following completion of the buy-back programme, the Company holds a total of
2,807,500 own shares, representing 0.96% of the Company’s share capital. The
purpose of the programme has been to reduce the capital of the Company.
Therefore, a proposal will be made at the Annual General Meeting to be held in
2024 to cancel the own shares through a capital reduction.

Please see the stock exchange announcement published on 30 October 2023, which
is available at newsweb.oslobors.no, for more information about the buy-back
programme.

This information is made public by Cloudberry pursuant to article 5 of the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
Section 5-12 of the Norwegian Securities Trading Act.

For information please contact:
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,
okb@cloudberry.no

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

About Cloudberry
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local traditions. The Company owns, develops, and operates
hydropower plants and wind farms in the Nordics. Cloudberry is powering the
energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry`s shares are traded on
Oslo Stock Exchange’s main list (Oslo Børs), supported by strong owners and led
by an experienced team and board. The Company has offices in Oslo, Norway (main
office), Karlstad, Gothenburg and Eskilstuna in Sweden and Lemvig in Denmark. To
learn more about Cloudberry, go to www.cloudberry.no

Kilde

TekBot · februar 6, 2024, 5:21pm

Cloudberry Clean Energy ASA | Mandatory Notification by Primary Insider

Lotmar Invest AS, which is wholly owned by primary insider Jon Gunnar Solli
(COO), has pledged 553 602 shares in Cloudberry Clean Energy ASA in accordance
with the attached form.
…

Vis børsmeldingen

For information and relevant documents please visit our website
www.cloudberry.no
For further information, visit our company and IR website www.cloudberry.no or
contact:
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,
okb@cloudberry.no

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

About Cloudberry
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local traditions. The Company owns, develops, and operates
hydropower plants and wind farms in the Nordics. Cloudberry is powering the
energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry`s shares are traded on
Oslo Stock Exchange’s main list (Oslo Børs), supported by strong owners and led
by an experienced team and board. The Company has offices in Oslo, Norway (main
office), Karlstad, Gothenburg and Eskilstuna in Sweden and Lemvig in Denmark. To
learn more about Cloudberry, go to www.cloudberry.no

Kilde

TekBot · februar 8, 2024, 7:31am

Cloudberry Clean Energy ASA | CFO appointed

Oslo, Norway, 08 February 2024: Cloudberry Clean Energy ASA (Cloudberry) has
today appointed Ole-Kristofer Bragnes as Chief Financial Officer (CFO). Former
Chief Value Officer (CFO) Christian Helland will continue in Cloudberry as the
…

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Chief Commercial Officer (CCO) with an increased focus on value creation for the
group. Helland will as CCO lead Cloudberry’s commercial, M&A and new
technologies segment.

Bragnes currently serves as the Senior Financial Officer in Cloudberry, and he
has over seven years of experience with capital markets transactions, debt
structuring and other senior management roles including a former position as CFO
of Pioneer Property Group ASA.

“We are very pleased to announce this change lifting young and promising
employees in Cloudberry forward. Cloudberry is well positioned as a leading
Nordic independent power producer with a rapidly growing pipeline of both
organic and inorganic opportunities. Further, with an increasing focus on
accretive recycling of capital, our new dedicated commercial team will ensure
that we use our existing equity efficiently in order to grow the net asset
values per share” says CEO, Anders Lenborg.

Christian Helland will hold the position until Ole-Kristofer Bragnes enters the
CFO position 01.07.2024.

For information and relevant documents please visit our website
www.cloudberry.no
For further information, visit our company and IR website www.cloudberry.no or
contact:
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,
okb@cloudberry.no

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

About Cloudberry
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local traditions. The Company owns, develops, and operates
hydropower plants and wind farms in the Nordics. Cloudberry is powering the
energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry`s shares are traded on
Oslo Stock Exchange’s main list (Oslo Børs), supported by strong owners and led
by an experienced team and board. The Company has offices in Oslo, Norway (main
office), Karlstad, Gothenburg and Eskilstuna in Sweden and Lemvig in Denmark. To
learn more about Cloudberry, go to www.cloudberry.no

Kilde

TekBot · februar 12, 2024, 7:01am

Cloudberry Clean Energy ASA | Invitation to presentation of fourth quarter 2023 results

Oslo, Norway, 12 February 2024: Cloudberry Clean Energy ASA (“Cloudberry” or the
“Company”) will publish its fourth quarter results on 15 February 2024 at 07:00
CET. The company management will host a presentation and Q&A session at 11:00
…

Vis børsmeldingen

CET.

Please use the following link to access the live presentation and Q&A session:
Cloudberry Clean Energy ASA - Q4 - 2023

The fourth quarter 2023 report and presentation material, and the link/recording
to the webcast will be made available at www.cloudberry.no.
For further information, visit our company and IR website: www.cloudberry.no or
contact:
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,
okb@cloudberry.no

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.
About Cloudberry
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local traditions. The Company owns, develops, and operates
hydropower plants and wind farms in the Nordics. Cloudberry is powering the
energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry`s shares are traded on
Oslo Stock Exchange’s main list (Oslo Børs), supported by strong owners and led
by an experienced team and board. The Company has offices in Oslo, Norway (main
office), Karlstad, Gothenburg and Eskilstuna, Sweden. To learn more about
Cloudberry, go to www.cloudberry.no

Kilde

TekBot · februar 15, 2024, 6:00am

Cloudberry Clean Energy ASA | Fourth quarter 2023 report

Oslo, Norway, 15 February 2024: Cloudberry Clean Energy ASA (“Cloudberry” or the
“Company”) reports a strong operational fourth quarter.

…

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· Financial highlights
· Consolidated revenue of NOK 133m (75m) and proportionate revenue of NOK
146m (136m). Last twelve months proportionate revenue of NOK 711m (646m)
· Consolidated EBITDA of NOK -41m (33m) and proportionate EBITDA of NOK 58m
(57m). Last twelve months proportionate EBITDA of NOK 400m (381m)
· Consolidated EBITDA is affected by write down of the off-shore activities
(Stenkalles) of net NOK -57m, and a non-cash deferred tax expense in Odal of NOK
-18m related to the implementation of the resource rent tax
· Significant increase in proportionate production: 157 GWh (95 GWh)
· Realized power price of NOK 0.76 per kWh (NOK 1.29)
· Strong balance sheet and low debt. Cash position of NOK 782m
· Avoided emissions during the fourth quarter of 34,854 t CO2e (21,090 t
CO2e)

· Project highlights
· Sundby (wind, 32 MW). Revenue generating. All turbines erected ahead of
time with total project estimated to be below cost
· Captiva. Acquired the remaining 40% to become a 100% owner. Core business
areas will be fully integrated
· Kvemma (hydro, 8 MW) & Munkhyttan (wind, 19 MW) progressing according to
time and cost

· Subsequent Events
· Nees Hede (solar, 140 MW). Signed share purchase agreement in February.
Ready to construct 140 MW solar in the attractive DK-1 region. Cloudberry is
prioritizing Nees Hede due to the project’s strategic fit and attractive
business case (sharp fall in solar panel prices)

Cloudberry invites investors, analysts, and other stakeholders to a company
presentation at 11:00 CET. Please use the following link to register and join:
Cloudberry Clean Energy ASA - Q4 - 2023

The fourth quarter report for 2023, the presentation material, and the link to
the webcast and Q&A session will be made available at http://www.cloudberry.no/.

For further information please contact:
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,
okb@cloudberry.no

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation (MAR) and is subject to the disclosure requirements
pursuant to MAR article 17 and Section 5-12 the Norwegian Securities Trading
Act. This stock exchange announcement was published by Ole-Kristofer Bragnes,
Senior Financial Officer, in Cloudberry Clean Energy ASA on 15 February 2024, at
07:00 CET.

About Cloudberry
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local traditions. The Company owns, develops, and operates
hydropower plants and wind farms in the Nordics. Cloudberry is powering the
energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry`s shares are traded on
Oslo Stock Exchange’s main list (Oslo Børs), supported by strong owners and led
by an experienced team and board. The Company has offices in Oslo, Norway (main
office), Karlstad, Gothenburg and Eskilstuna, Sweden and Lemvig, Denmark. To
learn more about Cloudberry, go to www.cloudberry.no

Kilde