Cloudberry Clean Energy AS | Signed SPA to purchase hydropower plants in Norway
Oslo, Norway, 21 December 2020: Cloudberry Clean Energy AS (“Cloudberry” or “the company”) has signed Share Purchase Agreements (SPA) to purchase two hydropower companies in Norway, Selselva Kraft AS and Skåråna Kraft AS, with a total expected annual production of around 34 GWh.Cloudberry, a Nordic renewable energy company, is purchasing the hydropower plants as part of the execution of its growth strategy focused on owning, developing and operating hydro and wind power in Norway and Sweden. While Selselva Kraft AS is a producing hydropower plant located in Sunnfjord municipality in