Brief: Cloudberry Clean Energy: New Tax Proposal For Onshore Wind And Hydropower In Norway

Cloudberry Clean Energy ASA

28/09/2022 13:29

Sept 28 (Reuters) - Cloudberry Clean Energy ASA
 CLOUD.OL :
    * CLOUDBERRY CLEAN ENERGY ASA | NEW TAX PROPOSAL FOR ONSHORE
WIND
AND HYDROPOWER IN NORWAY
    * CLOUDBERRY WILL NEED TIME TO ASSESS CONSEQUENCES AND FULL
IMPACT
OF PROPOSED CHANGES TO OUR PORTFOLIO IN NORWAY
    * HOWEVER, CURRENTLY WE PRIMERILY SEE CONSEQUENCES FOR OUR
WIND
PROJECT IN ODAL
    * PROPOSED CHANGES WILL NOT IMPACT 2022 RESULTS AND WE DO
NOT SEE
ANY IMPACT IN OUR SWEDISH PORTFOLIO
    * ACKNOWLEDGES NEED FOR REDISTRIBUTING SOME OF EXTRAORDINARY
HIGH
INCOME SOME POWER PRODUCERS HAVE SEEN LAST YEAR, BUT THESE
SIGNIFICANT AND SURPRISING CHANGES IN REGULATORY FRAMEWORK
REPRESENT A REAL CHALLENGE FOR INDUSTRY

Source text for Eikon:  ID:nWkr4fDvWb 
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