Cloudberry Clean Energy ASA

Regulatory Filings • Dec 16, 2022

Cloudberry Clean Energy ASA | Hån Windfarm In Full Production

Cloudberry Clean Energy ASA | Hån Windfarm In Full Production

Oslo, Norway, 16 December 2022: Cloudberry Clean Energy ASA ("Cloudberry" or

"the company") has taken over the wind turbines in Hån Wind Farm AB ("Hån") from

Vestas, after all turbines have completed their commissioning period.

Hån consists of five Vestas V150 wind turbines, with a combined capacity of 21

MW. Estimated and expected annual production (P50) is 74 GWh. The wind farm is

located in Sweden; however, connected to the grid in Norway and the turbines

feed renewable electricity into the attractive NO1 price area. The construction

of the wind farm is finalized on time, and on budget and has since early

November generated revenues through its commissioning period.

Hån is the first wind farm in our portfolio where Cloudberry has overseen the

full process, from early-stage development through construction. We have had

special attention to sustainability topics, such as minimizing nature footprint,

active local dialogue and no serious health and safety incidents.

"We are proud to include Hån to our portfolio. It is a state-of-the-art wind

farm, feeding into the Oslo area (NO1). The development team, and especially

Project Manager Sebastian Prause have done an impressive job", says Jon Gunnar

Solli, COO at Cloudberry.

"The production from Hån so far has been impressive in a price area which has a

solid deficit", Solli adds.

"Hån is a true Cloudberry product, and we are very proud to have completed our

first, fully internally developed wind farm on time and budget, and with high

attention to ESG", says Anders Lenborg, CEO of Cloudberry.

"The construction of the wind farm took 16 months, including the commissioning

period. This is an excellent example of how fast it is possible to add new

renewable capacity. Hån is already producing at full power, and the completion

is a significant boost for us as a company", Lenborg adds.

For further information, visit our company and IR website www.cloudberry.no or

contact:

Jon Gunnar Solli, COO, +47 970 38 507, jgs@cloudberry.no

Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no

Anders Lenborg, CEO, +47 93413130, al@cloudberry.no

This information is subject to the disclosure requirements pursuant to Section 5

-12 of the Norwegian Securities Trading Act.

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 and wind farms in Norway and Sweden. 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. To learn more about

Cloudberry, go to www.cloudberry.no