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Home » News » Hydropower » Cloudberry Clean Energy ASA Shifts Hydropower Portfolio with Asset Sales and Stake Increase
Hydropower

Cloudberry Clean Energy ASA Shifts Hydropower Portfolio with Asset Sales and Stake Increase

By Patrick VaughnJuly 1, 20241 Min Read
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Credit: Cloudberry Clean Energy
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Norwegian renewable energy company Cloudberry Clean Energy ASA (OSE:CLOUD) has announced strategic transactions involving its hydropower assets, marking a significant shift in its portfolio composition. Cloudberry disclosed on Thursday the sale of three hydropower stations—Usma, Bjorgelva, and Finnesettbekken—with a combined estimated annual output nearing 36 GWh. The assets were sold for NOK 320.5 million (USD

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