Cloudberry Clean Energy ASA (CHIX:CLOUDo)
kr 11.92 (0%) Market Cap: 4.00 Bil Enterprise Value: 7.56 Bil PE Ratio: 24.29 PB Ratio: 0.82 GF Score: 75/100

Q1 2026 Cloudberry Clean Energy ASA Earnings Call Transcript

May 12, 2026 / 09:00 AM GMT
Release Date Price: kr11.92

Key Points

Positve
  • Cloudberry Clean Energy ASA (STU:52K) reported increased revenue and EBITDA for Q1 2026, driven by higher power prices.
  • The company has expanded its platform by entering the Finnish market with a 50% acquisition of the MLK wind farm.
  • Cloudberry Clean Energy ASA (STU:52K) has a diversified portfolio across four proven technologies: hydropower, wind, solar, and battery energy storage systems (BESS).
  • The company has a strong balance sheet and has utilized its shares as a currency for strategic acquisitions, enhancing its growth potential.
  • Cloudberry Clean Energy ASA (STU:52K) has implemented cost reduction measures, achieving a 20% reduction in full-time employees and targeting significant annual savings.
Negative
  • The company faces challenges with lower production volumes due to less wind in Norway and Sweden, although this was offset by higher power prices.
  • Cloudberry Clean Energy ASA (STU:52K) is exposed to merchant power price volatility, which can impact revenue stability.
  • The company has a high reliance on the Nordic market, which may limit growth opportunities outside this region.
  • There is a lag in new permits for projects in Norway, Sweden, and Denmark, potentially affecting future supply and growth.
  • Cloudberry Clean Energy ASA (STU:52K) has a significant portion of its portfolio as merchant, which may expose it to market risks compared to secured power purchase agreements (PPAs).


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CLOUD.OL - Cloudberry Clean Energy ASA
Q1 2026 Cloudberry Clean Energy ASA Earnings Call
May 12, 2026 / 09:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Hi and welcome to Cloudberry Clean Energy's first quarter presentation. My name is Anna Schlemberg. I'm the CEO of Cloudberry and I'm joined here today by Ole Christophe Bragnes, our CFO.

We have prepared a presentation for you that we will go through shortly.

And please also use the opportunity to ask questions and we will try to answer as many of the questions as possible after the presentation.

The agenda today, I will start off with giving some highlights and an introduction to Cloudberry. Ulrike Stoffer will then take it through the numbers and I will sum up with some comments on the market and price curves going forward.

So let's dive into the presentation.

We are
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot