-+ 0.00%
-+ 0.00%
-+ 0.00%

Cloudberry Clean Energy Signs Expanded Credit Facility Totaling NOK3.2 Billion

MT Newswires·08/27/2026 01:14:51
Listen to the news
01:14 AM EDT, 08/27/2026 (MT Newswires) -- Cloudberry Clean Energy (CLOUD.OL) signed and executed a new expanded credit facility totaling 3.2 billion Norwegian kroner, according to a Wednesday release. The facility was increased by NOK 1 billion from its previous level. The agreement, signed with a bank syndicate comprising SpareBank 1 Sør-Norge, SpareBank 1 Nord-Norge and SpareBank 1 Østlandet, includes an option to upsize the facility by a further NOK 750 million. The Nordic renewable energy company said the expanded facility will boost its financial flexibility, with an improved margin and extended tenor.