Tag: agreements

MUNICH, June 26, 2026 (GLOBE NEWSWIRE) -- Sigenergy (06656.HK), a leading provider of smart solar and energy storage solutions, concluded a landmark exhibition at Intersolar Europe 2026. Powered by its "AI in All" strategy, the company secured strategic agreements with global partners across Europe, Africa, and the Asia-Pacific region. These milestones totaled an extraordinary capacity of over 20 GWh, signaling a new era of AI-driven, full-scenario energy transition.

Orrön Energy AB (“Orrön Energy” or “the Company”) is pleased to announce that it has entered into an agreement with Cloudberry Clean Energy ASA (“Cloudberry”) to combine the Company’s Nordic renewable energy platform and organisation, excluding the Karskruv windfarm, with Cloudberry (the “Transaction”), creating a leading Nordic independent power producer (“IPP”). As consideration for the Transaction, Orrön Energy will receive 27.01 percent of the shares in the enlarged Cloudberry, becoming its largest shareholder. In addition, loan balances and accrued interest of approximately MEUR 93 as of year-end 2025 will be settled or assumed by Cloudberry, and Orrön Energy will receive MEUR 4.2 in cash. Orrön Energy will take an active role in Cloudberry’s future growth through Board representation, bringing Orrön Energy’s and the Lundin Group’s experience of value creation into the combined entity. Orrön Energy will continue to own the Karskruv windfarm and its large-scale European development business, consisting of data centres, solar and battery projects.

Latest Supply & Trading Agreement Represents Significant Progress Toward Company's Long-Term Objective of $1 Billion in Annualized Commercial Activity

Optimized capital structure, retiring short-term maturing debt