Cloudberry Clean Energy ASA | Adds hydropower development and production to the portfolio
Oslo, Norway, 1 February 2022: Cloudberry Clean Energy (“Cloudberry” or the “Company”) has secured the hydro power project Øvre Kvemma Kraft and the hydro power plant Tinnkraft. In total, Tinnkraft and Øvre Kvemma will produce 25 GWh when in full production.«We are pleased to add further hydro power production to our rapidly increasing portfolio. With a sharp increase of new wind power production from our portfolio coming on grid over the next years, we are especially happy to add hydro production to our portfolio, within our return expectations, in attractive price areas”, says Anders