Cloudberry Clean Energy Annual report 2020

13 Cloudberry Annual report 2020 Introduction Project Status Type Location Production start Aquired Production estimate Åmotsfoss Nissedal, Norway Q3 2021 September 2020 5 MW 23 GWh Hydro portfolio (3 plants) 2) Norway H2 2021 Dec 2020/ Q1 2021 6 MW 20 GWh Odal windfarm Innlandet, Norway H1 2022 December 2020 54 MW 176 GWh 3) Hån windfarm Årjäng, Sweden 2022 Awaiting export licence 21 MW 70 GWh Duvhällen windfarm Eskilstuna, Sweden 2022/ 2023 Signed MOU, Possibly extended to 165 GWh 30 MW 4) 80 GWh 4) Project Vänern Karlstad, Sweden 2023 September 2020 100 MW 348 GWh STATUS In production   Under construction   Construction permit 1) 250 GWh gross (Cloudberry ownership of 34%) 2) Acquisition processes announced in December 2020. Acquistion of Selselva has closed, while the remaning 3 power plants are expected to close in 2021 3) Figure assuming 33.4% ownership (15% owned today, but intention to utilise option to own 33.4% during H1-2021) 4) Current construction permit for 82 GWh/30MW. Possibly extended to 165 GWh/60 MW