Company Name: Cloudberry Clean Energy ASA ISIN: NO0010876642   Reason for the research: Update Recommendation: Buy from: 02.09.2024 Target price: NOK 19.00 Target price on sight of: 12 months Last rating change: Analyst: Christian Sandherr Forming a new digital player in the power market Topic: Cloudberry (alongside Elmera and S [ … ]

Company Name: Cloudberry Clean Energy ASA ISIN: NO0010876642   Reason for the research: Update Recommendation: BUY from: 22.08.2024 Target price: NOK 19.00 Last rating change: Analyst: Simon Jouck Strong Q2 marked by value accretive capital recycling; chg. Q2 sales increased by 12% yoy to NOK 83m stemming from a 22% yoy increase  [ … ]

Strong Q1 // Odal shortfall covered by warranties Topic: Cloudberry reported strong Q1 figures despite production shortfalls at the Odal wind farm (covered by warranties). A final investment decision for its transformative 175MW PV park in Denmark is expected until the end of the year. Q1 consolidated revenues grew by 89% yoy to NOK 129m, lar [ … ]

Strong year end burdened by one-offs Topic: Cloudberry released its preliminary Q4’23 figures with the annual report expected to follow on March 20th. The operationally strong Q4 results were burdened by a NOK 57m one-off effect related to a complete write down of its 100 MW shallow water wind project Steenkalles in cooperation with Hafsl [ … ]