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Cloudberry Issues New Shares as Sampi Renewables Deal Closes

Story Highlights
  • Cloudberry Clean Energy issues 17.98 million shares to Sampi Renewables Holding in exchange for acquiring Sampi Renewables AS.
  • Sampi Renewables Holding, controlled by HitecVision, now owns about 5.35 percent of Cloudberry, deepening their strategic renewables partnership.
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Cloudberry Issues New Shares as Sampi Renewables Deal Closes

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The latest announcement is out from Cloudberry Clean Energy ASA ( (DE:52K) ).

Cloudberry Clean Energy ASA has issued 17,980,314 new shares to Sampi Renewables Holding AS as part of the consideration for acquiring all shares in Sampi Renewables AS through its subsidiary Cloudberry Production II AS, further integrating Sampi’s renewable assets into its portfolio. Following the transaction, Sampi Renewables Holding AS, indirectly controlled by HitecVision via HV Invest Sampi AS, becomes a significant shareholder with about 5.35% of Cloudberry’s shares and voting rights, underscoring a strengthened strategic and financial relationship between the parties within the Nordic renewables market.

More about Cloudberry Clean Energy ASA

Cloudberry Clean Energy ASA operates in the renewable energy sector, focusing on developing, owning and producing clean power assets in the Nordic region. The company’s activities center on expanding its portfolio of sustainable energy projects, positioning it to benefit from the ongoing transition toward low‑carbon electricity generation in its core markets.

Average Trading Volume: 204,019

Current Market Cap: NOK4.11B

For a thorough assessment of 52K stock, go to TipRanks’ Stock Analysis page.

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