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    CLOUD   NO0010876642

CLOUDBERRY CLEAN ENERGY ASA

(CLOUD)
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Cloudberry Clean Energy ASA : | New Share Capital Registered

07/08/2021 | 04:32am EDT
Oslo, Norway, 8 July 2021: Reference is made to the stock exchange notice from
Cloudberry Clean Energy ASA ("Cloudberry" or the "Company") on 2 July 2021
regarding the result of the offering of 2,800,000 new shares at a subscription
price of NOK 12.50 per share (the "Offering").

The new share capital pertaining to the Offering has today been registered with
the Norwegian Register of Business Enterprises (Nw.: Foretaksregisteret). The
Company`s share capital has been increased by NOK 700,000 by the issuance of
2,800,000 new shares.

The Company's new share capital is NOK 48,466,334.00 divided among 193,865,336
shares, each with a nominal value of NOK 0.25. Each share carries one vote.

For further information please contact:
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Suna Alkan, CSO, +47 913 02 907, sa@cloudberry.no

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act. This stock exchange announcement
was published by Suna F. Alkan, Chief Sustainability Officer, Cloudberry Clean
Energy ASA, on 8 July 2021 at 10:30 (CEST).

About Cloudberry

Cloudberry Clean Energy ASA is a Nordic renewable energy company, owning,
developing, and operating hydro power plants and wind farms in Norway and
Sweden. The Company`s purpose is to provide clean renewable energy for future
generations, developing a sustainable society for the long term and creating
value for our stakeholders. The Company believes in a fundamental long-term
demand for renewable energy in the Nordics and Europe, and purpose shapes every
aspect of how Cloudberry operates.

Cloudberry`s shares are traded on Oslo Stock Exchange's main list (Oslo Børs),
supported by strong owners and led by an experienced management 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.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange

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Financials
Sales 2021 150 M 17,3 M 17,3 M
Net income 2021 76,8 M 8,86 M 8,86 M
Net cash 2021 676 M 78,0 M 78,0 M
P/E ratio 2021 38,7x
Yield 2021 -
Capitalization 3 296 M 379 M 380 M
EV / Sales 2021 17,4x
EV / Sales 2022 21,5x
Nbr of Employees 10
Free-Float 72,8%
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Technical analysis trends CLOUDBERRY CLEAN ENERGY ASA
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Last Close Price 17,00 NOK
Average target price 22,00 NOK
Spread / Average Target 29,4%
EPS Revisions
Managers and Directors
Anders J°rgen Lenborg Chief Executive Officer
Christian Helland Chief Financial & Value Officer
Frank Jarle Berg Chairman
Jon Gunnar Solli Chief Operating Officer
Petter Winther Borg Director
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