Cloudberry Clean Energy AS | Completion of transaction of the aquisition of ownership in a producing hydro power portfolio
Oslo, Norway, 23 November 2020: Reference is made to the stock exchange announcement dated 24 June 2020 regarding Cloudberry Clean Energy AS` (“Cloudberry” or the “Company”) acquisition of a 34% ownership interest in a Norwegian hydro portfolio and one power offtake agreement in Norway, with a combined annual production of around 85 GWh net to Cloudberry.The transaction is now successfully completed with Fontavis Forte HYDRO S.A R.L. Fontavis is a well-established specialized investment manager focusing direct investments in clean energy and infrastructure. Fontavis is a part of the Swiss