Cloudberry Clean Energy ASA (DE:52K) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Cloudberry Clean Energy ASA reported robust operational performance in the second quarter of 2024, with increased production and strong financial results, including a consolidated revenue of NOK 207m and EBITDA of NOK 180m. The company optimized its portfolio by selling three hydro assets and increasing its stake in Forte Energy Norway AS, as well as energizing all turbines at the Munkhyttan project, which remains on budget. Additionally, Cloudberry has entered a strategic partnership with Holmen Renewable Energy, embarking on the development of approximately 1 TWh of renewable projects.
For further insights into DE:52K stock, check out TipRanks’ Stock Analysis page.
