Cloudberry Clean Energy ASA: Conditions Met for Orrön Energy Acquisition

Cloudberry Clean Energy ASA has announced that all required regulatory approvals have been obtained for its planned acquisition of a majority of Orrön Energy Holding AB's Swedish wind assets and a 50% stake in the Finnish Metsälamminkangas onshore wind farm. The transaction is now expected to close in the third quarter of 2026, as initially indicated in a stock exchange announcement on June 25, 2026.

The acquisition involves Cloudberry taking over the majority of Orrön's Swedish wind power assets and related organization. This strategic move also includes securing a 50% interest in the Metsälamminkangas wind farm located in Finland. The company has not disclosed specific details about the approvals received, but their confirmation signifies a critical step towards finalizing the deal.

With these regulatory hurdles cleared, Cloudberry Clean Energy is positioned to complete the transaction within the projected timeframe. The acquisition is part of Cloudberry's broader strategy to expand its portfolio of renewable energy assets.

The completion of this transaction in Q3 2026 is expected to strengthen Cloudberry Clean Energy's presence in the Nordic renewable energy market and contribute to its overall growth in wind power capacity.