Cloudberry Clean Energy ASA | First quarter 2024 report
Oslo, Norway, 08 May 2024: Cloudberry Clean Energy ASA (“Cloudberry” or the “Company”) reports a strong operational first quarter.· Financial highlights · Consolidated revenue of NOK 129m (68m) and proportionate revenue of NOK 139m (115m). Last twelve months (LTM) proportionate revenue of NOK 735m · Consolidated EBITDA of NOK 58m (20m) and proportionate EBITDA of NOK 56m (48m). Last twelve months proportionate EBITDA of NOK 410m · Significant increase in proportionate production: 173 GWh (90 GWh) · Realized power price of NOK 0.73 per kWh (NOK 1.18) · Strong cash