FilingReader Intelligence
Cloudberry forms Nordic hydro platform with European investor
July 17, 2025 at 03:20 PM UTC•By FilingReader AI
Cloudberry Clean Energy ASA and a European infrastructure investor are establishing HydroCo, a new small-scale hydro platform. Cloudberry will hold approximately 60% ownership through a €5m cash payment.
The partnership will increase Cloudberry's proportionate hydro production from ~200 GWh to ~300 GWh, with the combined portfolio totaling ~500 GWh. Closing is expected in early Q3 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
OSL:CLOUD•Oslo Stock Exchange
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