Cloudberry Clean Energy ASA (OB:CLOUD) agreed to acquire an additional 15.99% stake in Forte Energy Norway AS from a fund managed by Swiss Life Asset Management AG on June 27, 2024. Upon completion, Cloudberry Clean Energy ASA will own 49.99% stake in Forte Energy Norway AS. The Transaction will be financed by Cloudberry?s strong cash position.

The Transaction is expected to close 28 June 2024.