Cloudberry Clean Energy AS | Credit facility agreement
Oslo, Norway, 23 March 2021: Cloudberry Clean Energy AS (“Cloudberry” or “the company”) has entered a NOK 700 million credit facility agreement.Cloudberry, a Nordic renewable energy company, has entered into the credit facility agreement as part of the financing of its growth strategy focused on owning, developing and operating hydro and wind power in the Nordics. The credit facility agreement is a combination of a MNOK 400 Term Loan and a NOK 300 million Revolving Credit Facility, and the agreement is entered into with SpareBank 1 SR Bank. The credit facility will strengthen our