Brief: Cloudberry Clean Energy Updates On Tax Proposal For Norwegian On-Shore Wind

Cloudberry Clean Energy ASA

13/12/2023 08:18

Dec 13 (Reuters) - Cloudberry Clean Energy ASA
 CLOUD.OL :
    * UPDATE ON TAX PROPOSAL FOR NORWEGIAN ON-SHORE WIND
    * RESOURCE RENT TAX FOR NORWEGIAN ONSHORE WIND IS LOWERED
FROM AN
ORIGINAL EFFECTIVE TAX RATE OF 40% TO 25%.
    * TAX REPRESENTS POSITIVE DEVELOPMENT, WHICH SHOULD MAKE
RESOURCE
TAX CLOSE TO INVESTMENT NEUTRAL FOR NEW PROJECTS

Source text for Eikon:  ID:nWkr5rNp0F 
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