Revenue in the fourth quarter grew from NOK 2 Million (USD 0,22M) in 2020 to NOK 22 M (USD 2,4M) in 2021 (consolidated).
The agreed enterprise value for the Captiva Group (on a 100% basis) is NOK 160 million ($19 million). Cloudberry will have the right to acquire the remaining 40% ownership interest at a pre-determined price within 30 June 2025
The Company’s Extraordinary General Meeting held on December 14, 2021, approved the distribution of profits and reserves of a total amount of EUR 19,695,365.30, i.e., an amount of EUR 0.1700000 per share.
Brookfield Renewable believes that if Units or Exchangeable Shares trade in a price range that does not fully reflect their intrinsic value, the acquisition of Units or Exchangeable Shares, as applicable, may represent an attractive use of available funds.
The Nomination Committee in Cloudberry proposes new board members to the General Meeting, and asks for input and relevant proposals of candidates. Submitted input must be sent by 31 January 2022.