Cloudberry Clean Energy Asa · OSL:CLOUD

Cloudberry Clean Energy Asa — Investor Presentation (September 2021)

18 slides from Cloudberry Clean Energy Asa's investor presentation, Sep 15, 2021

  1. Slide 1: Investor presentation September 2021

    Q Cloudberry Investor presentation September 2021

  2. Slide 2: Disclaimer

    Disclaimer This company presentation (the "Presentation" has been prepared by Cloudberry Clean Energy ASA (the "Company") and its subsidiaries (together the "Group" and is made solely for information purposes. This Presentation does not constitute any recommendation to buy, sell or otherwise transac

  3. Slide 3: Cloudberry owns, operates and develops Nordic renewables

    Cloudberry owns, operates and develops Nordic renewables Local owner, developer and operator of renewable power assets in the Nordics Large production portfolio, with both hydro and wind assets Large and growing development backlog and pipeline Solid development track record - 11 projects developed

  4. Slide 4: Business overview

    Business overview Production Develop ) Production Construction permit Backlog incl. under construction * Hydro assets: 23 + Wind assets: 2 * Projects: 13 + Windassets: 3 * Capacity: 80 MWe) + Capacity: 370 MW 0 + Capacity: 139MW * Production: 235 GWh®) * Pipeline of additional >20 Sweden + Productio

  5. Slide 5: Delivering according to plan

    Delivering according to plan Significant ramp-up in production Overview 150 • Production: Selselva, Bjørgelva, Nessakraft and Usma • Under construction: Odal, Hån and Åmotsfoss Strong balance sheet 100 • Cash (H1 2021): NOK 1.1bn • Booked equity (H1 2021) NOK 2.1bn 50 Attracting value focused ESG in

  6. Slide 6: Project Status

  7. Slide 7: Nessakraft and Bjørgelva generating revenue

    Nessakraft and Bjorgelva generating revenue Capacity Production 12 MW 41GWh normalized Equity IRR cop 8% July 2021 Financial close of Bjorgelva Kraft (3 MW) and Nessa Kraft (9 MW) in June 2021. Both plants are in full operation and started to generate revenue for Cloudberry July 2021. Both plants ha

  8. Slide 8: Constructing Odal windfarm alongside tier partners

    Constructing Odal windfarm alongside tier 1 partners capacity Production Ownership structure! 176 GWh) 54MW() normalized Perse Q Cloudberry Equity IRR Estimated COD 12% H1-2022 éip * Increased ownership from 15% to 33.4% * Received approval for construction extension to 30 June 2022 © Mitigate risk

  9. Slide 9: Becoming a substantial developer of shallow-water wind in the Nordics

    Becoming a substantial developer of shallow-water wind in the Nordics * Construction License for 100 MW - currently in procurement phase + Ambition to develop 2.5 GW offshore wind power in the Baltic Sea area by 2030 » Focus on 4 shallow-water projects that represent a combined installed capacity of

  10. Slide 10: Hån windfarm (in-house), construction have started

    Han windfarm (in-house), construction have started Capacity Production Marker 21MW. 74GWh windfarm 54 MW Estimated equity IRR Estimated COD 12% Year end 2022 * Low risk project with ideal size and location * Estimated equity IRR well above company ~ Han targets ~~ windfarm * Five Vestas turbines. Co

  11. Slide 11: Hån windfarm – ESG in practice

    Hdn windfarm — ESG in practice ESG top priority through the value chain Planet People * Allover reduced climate * Health and safety footprint framework and * Lower lifecycle reporting structure emissions * Close engagement * Less concrete - with suppliers rock anchored foundation * Efficient turbine

  12. Slide 12: Key financials

    Key financials

  13. Slide 13: Production and development asset overview

    100 150 200 250 0 50 Fin.bekken Røyrmyra Forte (34%) Selselva Nessakraft Bjørgelva Usma Odal (33,4%) Åmotsfoss Rams. & Skåråna Hån Total 1 Vanern (20%) Duvhalllen Total 2

  14. Slide 14: Total assets, equity, cash and interest-bearing debt

    2500 • 2000 • 1500 • 1000 500 0 Total asset Total equity Cash and cash Interest-bearing equivalents loans and borrowings

  15. Slide 15: Shareholders

    Shareholders Shares % Shares JOH JOHANNSON EIENDOM AS 20 145 780 10,54 % HAVFONN AS (Bergesen family) 16 152 596 8,45 % FERD AS 16 000 000 8,37 % HSBC TRINKAUS & BURKHARDT AG (Loyd's Funds) 14 400 000 7,54 % The Northern Trust Comp (New Zealand Superannuation Fund) 11 910 000 6,23 % SNEFONN AS (Berg

  16. Slide 16: Concluding remarks

    ing remarks Oo S O Cc fe) O

  17. Slide 17: Concluding remarks

    Concluding remarks A local independent developer and producer of renewable energy Ramping-up a significant production portfolio of hydro- and wind power Large exclusive development portfolio in the Nordics -on- and offshore A fully financed development portfolio Listed on Oslo Stock Exchange’s main

  18. Slide 18: cloudberry.no

    cloudberry.no

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