Cloudberry Clean Energy ASA ( (DE:52K) ) has provided an announcement.
Cloudberry Clean Energy ASA has successfully completed the Skovgaard Agreement, enhancing its production capacity by approximately 160 GWh in profitable Nordic price areas. The transaction, valued at DKK 806 million, involves a combination of external debt, cash, and the issuance of new shares, positioning Cloudberry as a leading Nordic independent power producer and strengthening its ability to develop sustainable energy projects.
More about Cloudberry Clean Energy ASA
Cloudberry Clean Energy ASA is a renewable energy company operating in the Nordics, focusing on owning, developing, and operating hydropower plants and wind farms. The company aims to facilitate the energy transition to a sustainable future by providing renewable energy solutions, and its shares are traded on the Oslo Stock Exchange.
YTD Price Performance: -3.04%
Average Trading Volume: 2,804
Technical Sentiment Signal: Hold
Current Market Cap: €286.6M
See more data about 52K stock on TipRanks’ Stock Analysis page.