Cloudberry Clean Energy ASA

Board/Management Information • Oct 8, 2021

Cloudberry Clean Energy ASA | Scaling up offshore wind development, recruits Charlotte Bergqvist to head new business unit

Cloudberry Clean Energy ASA | Scaling up offshore wind development, recruits Charlotte Bergqvist to head new business unit

Oslo, Norway, 8 October 2021: Cloudberry Clean Energy ASA ("Cloudberry" or the

"Company"), a leading independent renewable power developer and producer in the

Nordics, is taking several steps to reinforce its high-potential offshore wind

business. The company is scaling up its offshore wind team and recruiting

Charlotte Bergqvist to head a new business area dedicated to pursuing investment

and development opportunities within shallow water wind energy in the Nordics.

Cloudberry has been an early mover on shallow water near shore projects in the

Nordics. With the 100 MW in-house project Stenkalles Grund wind farm in Sweden's

largest lake, Vänern, Cloudberry leverages this experience and knowledge on

further projects within shallow water wind energy projects in the Nordics.

"Cloudberry is determined to become a substantial developer of shallow water

wind. We have an ambition to develop 2.5 GW offshore wind in the Baltic Sea by

2030. We are growing our organisation and stepping up by expanding the

development team in new business unit, Cloudberry Offshore Wind," said Anders

Lenborg, Chief Executive Officer of Cloudberry.

As part of Cloudberry's efforts in offshore wind, the company has recruited

Charlotte Bergqvist as CEO for Cloudberry`s offshore wind development team.

Bergqvist has extensive renewable energy business experience from utilities,

grid owners and renewable energy companies, such as wpd Offshore, one of

Europe's largest wind energy developer and investor, and from Svenska Kraftnät,

the Swedish TSO.

Bergqvist's main focus will be developing the Stenkalles Grund project in Lake

Vänern to FID, as well as further development of Cloudberry's offshore wind

portfolio in the Baltic Sea where the company has a diversified portfolio of

both shallow water and conventional offshore wind projects.

"We are very happy to have Charlotte on board. She has great experience within

renewable energy projects and offshore wind developments. Having Charlotte on

board will boost the development of Stenkalles Grund, and position Cloudberry at

the forefront of shallow water wind energy in the Nordics. She is also a very

dedicated person who has held position with several associations, such as the

Swedish Wind Energy Association. She was also one of the founders of

Kraftkvinnorna, an organisation established with the aim of promoting female

role models in the Swedish power industry, "said Lenborg.

"I look forward to joining the Cloudberry team and contributing to the company's

success. I find it extremely rewarding also on a personal level to be part of

projects that has the ultimate goal of electrification of society through new

renewable energy development in a sustainable way," said Charlotte Bergqvist.

She will join Cloudberry immediately and be fully operational in her new role by

1 January 2022 at the latest.

For further information

Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no

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

5-12 of the Norwegian Securities Trading Act"

About Cloudberry

Cloudberry is a renewable energy company operating in the Nordics and in

accordance with local tradition. 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

is located in Oslo, Norway (main office) and Karlstad, Sweden. To learn more

about Cloudberry, go to www.cloudberry.no.