Cloudberry Clean Energy ASA: The Odal Wind Farm resumes production

Oslo, 9 August 2024: Cloudberry Clean Energy ASA ("Cloudberry" or the "Company") announces that production at the Odal wind farm (“Odal Vind”) will resume on Monday 12 August following a temporary halt (see previous stock exchange announcement dated 11 April 2024).

Odal Vind confirms that initially two turbines will be operational on Monday following a thorough review and inspection by Siemens Gamesa and Odal Vind. Significant efforts have been made, including the replacement of several blades on the remaining turbines and comprehensive repairs. It is assumed that 20 turbines will be in production by the end of August. The remaining turbines will be brought online as soon as possible, with the goal of having all 34 turbines operational before the end of the year.

"We are very pleased to see Odal Vind operating again," says Anders Lenborg, CEO of Cloudberry. "I want to extend our gratitude to Siemens Gamesa for the good collaboration and necessary action in addressing the difficult situation. We look forward to continuing the close relationship and cooperation to ensure the full park in operation as soon as possible."

Cloudberry and Odal Vind will continue to closely monitor the situation and work closely with Siemens Gamesa to ensure stable and safe operations at the wind farm.

For further information, visit our company and IR website: www.cloudberry.no or contact:
Anders Lenborg, CEO, +47 934 13 130, [email protected]
Ole-Kristofer Bragnes, CFO, +47 917 03 415, [email protected]
Christian Helland, CCO, +47 418 80 000, [email protected]

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 traditions. The Company owns, develops, and operates hydropower plants and wind farms 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. To learn more about Cloudberry, go to www.cloudberry.no