Oslo, Norway, 15 September 2026: Cloudberry Clean Energy ASA ("Cloudberry" or
the "Company") is pleased to announce that the Company is presenting at Pareto
Securities' Energy Conference in Oslo tomorrow. The presentation outlines how
the Company is uniquely positioned for a new energy reality in the Nordics with
sustained, high power prices; an active M&A market with ongoing consolidation;
and the emergence of the Nordics as Europe's hub for large-scale AI data
centers.
In connection with the presentation, Cloudberry announces that the Company has
signed a significant agreement to develop a large-scale powered land project in
Selbu together with Winn Eiendom. The Selbu project represents expected total
max gross capacity of more than 200 MW and is an important step in Cloudberry's
strategy to develop attractive powered land opportunities in the Nordics.
The signing in Selbu comes in addition to the previously announced powered land
project in Skien, where Cloudberry is developing approximately 160 MW together
with Løvenskiold. Together, the projects demonstrate Cloudberry's ability to
identify and develop attractive powered land opportunities in cooperation with
strong local partners.
"These agreements demonstrate Cloudberry's ability to combine local presence,
industrial partnerships and renewable energy expertise to develop attractive
infrastructure opportunities in the Nordics. We see strong long-term demand for
powered land and believe Cloudberry is well positioned to take an active role in
this market," says Anders Lenborg, CEO of Cloudberry.
The presentation is available on Cloudberry's website, www.cloudberry.no.
For further information, visit our company and IR website www.cloudberry.no or
contact:
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
Ole-Kristofer Bragnes, CFO, +47 917 03 415, okb@cloudberry.no
About Cloudberry Clean Energy
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local traditions. The Company owns, develops and operates
hydropower plants, wind farms and battery storage in the Nordics. Cloudberry is
powering the energy transition to a sustainable future by providing new
renewable energy today and for future generations. The Company believes in a
fundamental long-term demand for renewable energy in Europe. With this as a
fundament, Cloudberry is building a sustainable, scalable, efficient and
profitable platform for creation of shareholder value. Cloudberry's shares are
traded on Oslo Stock Exchange's main list (Oslo Børs), supported by strong
owners and led by an experienced team and board. The Company has offices in
Oslo, Norway (main office), Karlstad, Gothenburg and Eskilstuna, Sweden and
Lemvig, Denmark.
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