Cloudberry Clean Energy ASA | Update on Stenkalles Grund project in Swedish Lake Vänern
Oslo, Norway, 21 October 2021: Recent events have presented Cloudberry Clean Energy ASA (“Cloudberry” or the “Company”) with the opportunity to retain a bigger stake in the Stenkalles Grund shallow water wind project in Lake Vänern, Sweden’s largest inland lake and thereby the prospect of improving Cloudberry’s overall project economics.Assessments of the project and discussions with potential wind turbine suppliers have identified several opportunities to improve project economics of the 100 MW shallow water development. With this prospect in sight, the Company has decided to postpone