DLA Piper advises Cloudberry Clean Energy on its acquisition of Usma Kraft AS

DLA Piper Norway has advised the Nordic renewable energy company Cloudberry Clean Energy AS on its acquisition of Usma Kraft AS, a hydropower company in Norway.

Usma Kraft hydropower plant is located in Selbu municipality in Trøndelag county and produces from the water in lake Usme and Gardåa river. The expected annual production is 25.5 GWh (9 MW).

The DLA Piper team was led by corporate partner and head of DLA Piper Norway’s Renewables sector group, Kaare Oftedal, together with associates Anders Hilt, Anja Hegerberg and Ellen Hestenes Merli. 

Cloudberry is a Nordic renewable energy company, owning, developing, and operating hydro power plants and wind farms in Norway and Sweden

Find more info on the transaction published by Cloudberry.