Cloudberry Clean Energy ASA | Takeover of two hydropower plants
Oslo, Norway, 1 July 2021: The two hydropower plants Nessakraft in Balestrand, Norway and Bjørgelva Kraft in Sørreisa, Norway have been transferred to Cloudberry Clean Energy ASA ("Cloudberry" or the "Company") on 30 June 2021, after completion of the commissioning period.Nessakraft has an expected annual production of 34 GWh and Bjørgelva Kraft has an expected annual production of 7 GWh. Both hydropower plants are acquired from Tinfos AS. “We are pleased that Nessakraft and Bjørgelva Kraft now formally are handed over to Cloudberry, as a part of the execution of our growth strategy”,