Cloudberry Clean Energy AS | Sale of offshore wind development project in Sweden confirmed
Oslo, Norway, 15 January 2021: With reference to the release on 6 November 2020, Cloudberry Clean Energy AS (“Cloudberry” or “the company”) today announces that Cloudberry and Downing LLP (“Downing”), on behalf of its managed fund(s), have signed the share purchase agreement (SPA) for the construction and ownership of a 100 MW nearshore, shallow water wind farm in Lake Vänern in southern Sweden. Cloudberry Production will own 20% of the project after commissioning.Total expected sales value of the wind project is around NOK 300 million, subject to actual costs and that the final investment