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Cloudberry Clean Energy Expands Share Capital to Strengthen Market Position

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Cloudberry Clean Energy Expands Share Capital to Strengthen Market Position

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Cloudberry Clean Energy ASA ( (DE:52K) ) just unveiled an update.

Cloudberry Clean Energy ASA has increased its share capital following the issuance of 28,658,555 new shares as part of an agreement with Jørgen Skovgaard Holding Aps. This development, registered with the Norwegian Register of Business Enterprises, raises the company’s share capital to NOK 79,326,248, divided into 317,304,992 shares. This move is expected to enhance Cloudberry’s operational capabilities and strengthen its market position in the renewable energy sector.

More about Cloudberry Clean Energy ASA

Cloudberry Clean Energy ASA is a renewable energy company operating in the Nordics, focusing on owning, developing, and operating hydropower plants and wind farms. The company aims to support the energy transition to a sustainable future by providing renewable energy solutions. Cloudberry’s shares are traded on the Oslo Stock Exchange, and the company has offices in Norway, Sweden, and Denmark.

YTD Price Performance: -1.96%

Average Trading Volume: 2,504

Technical Sentiment Signal: Sell

Current Market Cap: €299M

For detailed information about 52K stock, go to TipRanks’ Stock Analysis page.

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