Cloudberry Clean Energy AS | Engaged in a material M&A transaction and updated company presentation
Oslo, Norway, 13 November 2020: Cloudberry Clean Energy AS (“Cloudberry” or “the company”) hereby announces that it is engaged in a material M&A transaction including Nordic renewable assets. An acquisition would entail a substantial capital need and Cloudberry has therefore engaged with selected investors to explore the potential to underwrite the equity financing required for the transaction. It is emphasized that Cloudberry is in an early phase of the transaction. No assurances can be made as to whether a transaction will be concluded or not. Cloudberry will update the market in due course.