Tag: finance

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.

Orrön Energy AB (”Orrön Energy” eller ”Bolaget”) meddelar att Bolaget har ingått ett avtal med Cloudberry Clean Energy ASA (”Cloudberry”) om att kombinera Bolagets nordiska plattform och organisation inom förnybar energi, exklusive vindkraftsparken Karskruv, med Cloudberry (”Transaktionen”), och därigenom skapa en ledande nordisk oberoende elproducent (”IPP”). Som ersättning för Transaktionen kommer Orrön Energy att erhålla 27,01 procent av aktierna i ett större Cloudberry, och därmed bli dess största aktieägare. Dessutom kommer utestående lån inklusive upplupen ränta som per utgången av 2025 uppgick till cirka 93 MEUR sammanlagt att regleras eller övertas av Cloudberry, och Orrön Energy kommer att erhålla 4,2 MEUR i kontant köpeskilling. Orrön Energy kommer att ta en aktiv roll i Cloudberrys framtida tillväxt genom styrelserepresentation och bidra med erfarenhet av värdeskapande från Lundin-gruppen till den sammanslagna verksamheten. Orrön Energy kommer fortsatt att äga vindkraftsparken Karskruv och den storskaliga projektverksamheten i Europa inom datacenter, solenergi och batterier.

Generated Record Operating Cash Flow of $54.1 Million; Maintained Profitability 

TORONTO, June 25, 2026 (GLOBE NEWSWIRE) -- Six deserving students joined the Toronto Regional Real Estate Board’s (TRREB) growing list of Past President’s Scholarship winners. The winners are all high school students pursuing post-secondary education. Each student was selected based on a compelling essay centred on issues impacting today’s real estate landscape for a chance at two $5,000 first-place awards, two $2,500 second-place awards and two third-place awards for $2,000.

Manchester, England, June 25, 2026 (GLOBE NEWSWIRE) -- In direct response to the increasingly sophisticated and predatory tactics utilized by global cybercriminals, the Finance Complaint List has officially announced the launch of its newly integrated financial protection and recovery ecosystem. This comprehensive platform introduces an advanced, privacy-first global fraud reporting database alongside specialized asset recovery pathways. The unified framework is designed to safeguard traditional investments and personal savings, offering an unprecedented end-to-end defense mechanism for retail investors and everyday consumers alike.

BEIJING, June 25, 2026 (GLOBE NEWSWIRE) -- DSC Holdings Ltd. (“DSC” or the “Company”) (NASDAQ: DSC), the AI application infrastructure for China’s used car industry, today announced that it has priced its initial public offering of 3,000,000 American depositary shares (“ADSs”) at US$17 per ADS, for a total offering size of approximately US$51 million, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs. Each ADS represents 20 Class A ordinary shares of the Company. The ADSs are expected to begin trading on the Nasdaq Global Market today under the ticker symbol “DSC.” The offering is expected to close on June 26, 2026, subject to customary closing conditions.