Hi, everyone, and good morning, and welcome to Cloudberry Clean Energy's Q3 2026 report. My name is Anders Lenborg. I am the CEO of Cloudberry, and I am joined here today by our CFO, Ole-Kristofer Bragnes. We have prepared a presentation for you, and we will go through that in a short time. Please also use the Q&A function and send us questions, and we will go through and answer as many of them as possible after the presentation. As always, we have an agenda. I will start with going through the highlights of the last quarter. Ole-Kristofer will take you through the numbers, and we will have a short closing remarks before we open for the questions. Yes, let's start with the highlights of last quarter. We have had a transformative year in Cloudberry. We have, over the last year, nearly doubled our production portfolio, and we have also had strong power prices throughout the last quarter. The combination of the two gives us a strong financial result, almost 5x the EBITDA from same quarter last year. We are happy to see that our merchant exposed producing portfolio is delivering as good results as the last quarter. The almost NOK 1 per kWh or EUR 100 per MWh is also an important part of this result, and we will get back to that in more detail, but it is a combination of the producing assets we have in our portfolio. In addition to the strong financial performance, we have also developed powered land projects. We will get back to that in more detail. We have also developed new projects from our backlog, our exclusive development portfolio. Last but not least, we have settled the dispute with Siemens Gamesa on the Odal wind farm and entered into a new 10-year support agreement. Very happy to see that the 34 turbines on the Odal wind farm is producing and performing really well, and that we have that asset up and running in an attractive NO1 price area. All in all, a transformative 2026 for Cloudberry, but also a very strong Q3 result. Before we go into the more details of the last quarter, I want to take a step back and give you the introduction to Cloudberry. We have a lot of new followers today, and Cloudberry, we have built a leading Nordic independent power producer and now also powered land developer over the last years. We have a strategy that we call develop, own, and operate. Our platform covers everything from early stage in-house development of projects, M&A activities. We sit and own our producing assets and also operate them. Over the last year, we have almost doubled the production portfolio to about 2 TWh of production. This is done in very attractive price areas. We do have now production in all the 12 different price areas in the Nordics, but we have a majority in the southern part of Norway and the southern part of Sweden and in Jutland, which is also where you find the most attractive price areas due to high demand, but also due to high interconnection with the U.K. and the continent. How we have constructed our production portfolio very much affects the financial result. In addition to the producing portfolio, we have built up an exclusive pipeline of projects. We call that our backlog, and in the backlog, we have all sorts of projects from hydropower, wind, BESS, and hybrid projects with solar. Here we have exclusivity and no competition. In addition to that, we have entered into the powered land data center space, and we will get back to that also in more detail. Going forward, I think we will continue to see us focusing on the Nordics, focusing on proven technologies, and focus on developing the portfolio we have both on the production side, but also on the development portfolio. This gives us also a very nice flexibility, so we can move between the different technologies. We can focus on the different price areas, the different type of project and maturity, where we see the best returns. Let's continue with the Orrön transaction. We are very happy to see that transaction closing. We have worked with the Orrön team for many years. We know them very well. I think it's a perfect cultural match between the two companies and portfolios. We have already seen now some of the effect. It's important to notice that it's just one month of production from the Orrön portfolio, approximately 35 GWh in the numbers that you see here today. The full effect of the transaction and the acquisition, you will see in the next quarter and next year. But already we see the effect of the transaction with September production in these numbers. We see how well the platform scales and that we have this overhead efficiency now with the new assets and people on board. We have also now a very interesting portfolio where we can optimize the assets. We have almost 400 turbines spinning, hydro and wind turbines spinning. Many of these turbines and grid points we can develop further and also on the more platform level, we will continue to optimize the portfolio. We will come back to that in more detail over the next quarter. As I mentioned, we have entered into the powered land and data center sector in the Nordics. Cloudberry, we have a long experience with developing infrastructure, securing capacity in the grid, understanding the grid side and the power side of the infrastructure in the Nordics. We see that power is now the main bottleneck for new data center projects in the Nordics. Nordic is becoming a hotspot for data center. We think it's just more and more important to secure power and to understand how to do that. So, we have throughout the Nordics looked for powered land projects where we use our experience on local stakeholder management, on the grid capacity, and also on zoning. We do have a capital-light approach to powered land, so we are looking at exiting when we have secured grid and land. Just mentioning some of the projects here, two Norwegian projects. We have several others in both Sweden and Denmark that we will talk more about over the next quarter and quarters. But here on the left-hand side, we see the Skien project developed with the local landowner and next to one of the largest substations in Norway. We are in the queue for capacity in the grid, and we are in process of zoning this to a data center site. And I think we will already next year see that this is a mature project and also could be one that we will exit. Selbu, it is a little bit different project, but here zoning is in place. We have applied for grid, and we will apply for more grid in the next phases of the project. So coming back to the powered land portfolio more in detail, I think next quarter, but this is at least a start for our CloudByte project. Not forgetting that we also do renewable production. We have taken FID on the first project from the Orrön development portfolio. Very happy to see that Blackliden is now in construction. It is a battery energy storage system in SE4. We have some real good experience with batteries in Sweden. Dingelsundet, we put into full operation last quarter, and we are already now working on a second or a phase II of the Dingelsundet battery to see if we can extend that going forward. On the hydro side, we have completed two hydropower assets, Øvre Ullestad and Grovlia, on time and budget. So they are now also yielding long-term cash flow to the company. And we will continue, of course, to use our exclusive development portfolio to develop new projects also going forward. So that was a very quick introduction from my side. I will now hand over to Ole-Kristofer that will take you through the financial numbers. Thank you. Thank you, Anders. My name is Ole-Kristofer Bragnes, the CFO of Cloudberry, and very happy to take you through the financial results for the third quarter 2026. As we start, we see a very strong quarter for Cloudberry. Strong growth in power production, almost two times compared to the same quarter last year, while capturing very strong realized prices, also 1.5x the same quarter last year at NOK 0.93 per kWh. This together yields the highest power-related revenues that Cloudberry has recorded to date, which we are very happy to announce. And this, as Anders mentioned, also includes only one month of the recently announced acquisition from, or closed acquisition from Orrön, the Swedish assets and the remaining 50% of MLK. So, as we look into the power prices for the winter, we hope to continue to announce the highest power-related revenues to date. I will come back to more the power prices over this presentation. The scaling effects then and the large portfolio has really yielded a great result in revenue and EBITDA, over two times increase in revenue and nearly five times increase in EBITDA as we show the scaling effects of the portfolio, the increase in revenue together with increased production on the back of the transactions that we have done. Looking in context of historical figures, we see the same growth patterns as we have done due to the increase of the portfolio size, almost doubling the power production from 2023, now close to one terawatt hours of production over the last 12 months. And, of course, with the newly announced closed acquisitions, we are over two terawatt hours of normalized run rate production as we enter into the next quarter. We have done so while increasing a high exposure to the southern price regions in the Nordics and the most attractive region with the higher power prices. We realize very strong prices over the last 12 months and highest that it has been to date if you exclude the 2022 very high power prices due to the gas crisis. We have done some accretive capital recycling over the years as well, and this highly impacts 2023 and 2024 where we had two hydro sales. If you look at both revenue and EBITDA, the growth is even larger if you exclude those gains in the range of NOK 250 million-NOK 300 million. This, if you also exclude it, shows greatly how the scale effects of the portfolio and then the increase in EBITDA margin. You see 37%-51% from 2025 to last 12 months of Q3 as an example, and if you would exclude the gains from 2023 and 2024, the scaling effects will be even more evident. Now we have a larger asset base, greater production, and we have continued to see high power prices and achieved high power prices, and it is good to see that we have more efficient operations and scale effects. Diving into very evident scale effects is the reduction in the corporate cost ratio. Compared to 2022, we have more than doubled our proportionate asset base through the acquisitions that we have done and the growth we have seen now in the Nordic power market. At the same time, we have the decline in the corporate EBITDA or the corporate cost, the cost to run the Cloudberry platform, reducing the corporate cost ratios from 1.1% in 2022 to now 0.4% in Q3 last 12 months, or a 30% reduction compared to 2025. As we continue to grow through a very potentially a favorable M&A market and want to see, continue to capture the scale effects of the platform, we do not expect to increase the corporate cost in the proportionate to the growth that we may or may not have. We do have some operational leverage in the portfolio that we want to continue to utilize to increase our margins or the contribution from the power-related assets. Power prices remains the most important driver for Cloudberry. In the near term, we have some very evident drivers. We have very low reservoir levels at a 20-year low, especially in the southern price regions in Norway, so very low reservoir levels. At the same time, we have high gas prices driven by the conflict in Middle East. That creates a real push in the near-term power curve, and you see on the left-hand side the forward prices for 2026 and 2027 driving them up. This is the system price, the theoretical average of the Nordic region, and driving those prices up to historically high levels if you exclude the 2022. In the midterm, you also have very evident and tangible demand drivers. You have the electrification as the main one, and then you have the data center activity where we continue to see more and more happening in the Nordic region. So very tangible and clear demand drivers. At the same time, we have very limited growth in new generation and supply. There is practically nothing happening on the supply side that we expect to come in production over the short to midterm. There has not been a wind permit, for instance, granted in Norway over the last five, six years, so this will take time before supply will catch up, and very clear demand driver, and this clearly skews the power curve as you see here. This is THEMA showcasing the base case, high case, and low case, and you see this is clearly skewed towards the upside. On the long term, of course, we have drivers as well with the climate targets and also geopolitical uncertainty, energy certainty, and so forth. But very clear and evident near and midterm demand drivers are elevating the short-term power curves. As we now have a much larger portfolio of over 2 TWh, we also wanted to show an illustration of what this could mean in revenue and cash flow. This is an illustrative 2027 cash flow from power sales and only the power sales. The other segments are excluded from this illustration. This is shown from EUR 40, 60, and 90 per MWh, and we remember from the previous slide that the Nordic system price is, or the forward price is at present around EUR 75 per MWh, and this is the system price, the base load price, not our achieved price, but still it gives you a picture where the forward market is at the moment. We have over 90% of our volumes sold in the merchant market, so we offer then a meaningful exposure to this Nordic power prices with a very interesting backdrop, as we talked about on the last slide. Also, important to note, there are some assumptions in the box here, and this is based on 2027 tax balances where we have large tax shields available through accelerated depreciation potential in Denmark and Sweden especially. So we do not expect to pay any corporate taxes, either on at least these illustrations. So a meaningful exposure to the Nordic system price. We also have a very strong balance sheet that has enabled value creation over this period, growing from just, with total assets just slightly above NOK 1.1 billion, now over NOK 12 billion following the acquisitions that we have done. We have scaled the platform in a very efficient manner. We have done a lot of accretive transactions and also the development to gain to the portfolio where we are today, having over 2 TWh of running production, yielding a very strong foundation and value for Cloudberry for the years to come, while also maintaining some room to grow through the liquidity we have available to us, either through the cash at hand or the debt facility that we have in place. But also shown throughout this year how Cloudberry can be the consolidator in the Nordic market using our share as a currency as well. While we continue to look at a very interesting M&A market, Cloudberry now has a very solid foundations as we soon enter 2027. With that, I will leave the word over to you, Anders, for some closing remarks. Thank you, Ole-Kristofer. Yes, we have been through our Q3 report for 2026, and as you have heard, we are happy to see very, very strong results, record results for Cloudberry so far, driven by a larger portfolio of producing assets, but also record high power prices. Seeing also that the forward prices are higher for 2027 and also going into 2028 gives us a very good starting point for good results also going forward. We will continue to develop the platform and the production portfolio, as Ole-Kristofer also touched upon. It is a combination of in-house developed project, but also doing accretive M&A transactions like we have done just now with the assets from Orrön. We will also try to develop the powered land portfolio going forward to combine the knowledge we have from power production and from securing infrastructure and securing capacity, and also using our power if that is attractive for the digital industry and the data center business. I think we are perfectly positioned both to continue to grow the production portfolio and continue to develop the platform, but also to continue to develop our powered land portfolio. Thank you so much for your attention and following this Q3 presentation. We have opened up for questions, and do we have any, Ole-Kristofer, that you want to answer? Yeah, I can start with the one question. We have received some input around or some questions around the Odal settlement that we disclosed in the report. Unfortunately, we are not able to disclose the full financials of the settlement agreement, but to give you some illustration, if you look at power-related revenues, i.e., the power production multiplied by the average realized price, you see a difference between the reported revenue and commercial segment and that calculation that we just went through. If you exclude Dingelsundet revenue, the vast majority of that is due to the settlement. So it has a revenue side to it, and it also has an OpEx side to it, which is slightly lower than the figure that you will then calculate. Together, the EBITDA contribution from the settlement is less than 10% of the reported EBITDA, to give us kind of flavor of where that sits. The importance is, of course, one, it is the settlement, but also to give us a long-term foundation for full operations at Odal, especially with the power price we see in NO1 and the forecast for NO1. That is very important, and we are very happy to see that as in full production and really driving the results now for the quarters to come. Also, we do report also a very large restricted cash balance of NOK 150 plus million proportionate to Cloudberry, and this settlement will be a good stepping stone to start to potentially get some of that out in the near term. So those are kind of the vast, the large picture around the Odal settlement. Thank you, Ole-Kristofer. We also have a question related to the power price going forward. I mean, we have seen record low development of power in the Nordics over the last years. We have said for many years in Cloudberry that this will lead to higher power prices, and hence also our merchant exposure. We think that's the right thing for Cloudberry to be exposed to the spot prices and also to the balancing market and frequency market and so forth. We have a very small part of our power production on fixed price. Most of it is merchant exposed, and we have seen the power price picking up. We see the demand side growing. It is not only the data centers, but it is the electrification and the energy transition that's driving the demand side, together with the digital industry. We have seen numbers from 20 TWh- 40 TWh of new demand in Norway, even higher numbers in Sweden, Denmark, and so forth. Then we see that the supply of new power, new renewable power into the market is very low or almost zero. I think now in Norway, we saw the first wind permit in nine years here some weeks ago. So it's a very strong demand for more power, very little new supply coming in, and that's also what you see in the forward prices going forward now over the next, not only the winter, where we will have I saw Montel today said that it will be the most expensive winter ever in the Nordics when it comes to power prices. But we also see how the forward prices are very high through 2027, but also into 2028. We do have projects. We want to develop more projects from Cloudberry, but it has been difficult. But we are continuing to try to develop new projects. But what we see now, it's a very strong demand and no new supply, and hence also the higher power prices. I think we will do more hedging, but we will mainly stay merchant in our portfolio also over the next year. I don't know if you have more questions. No? Then we would like to say thank you so much for following us, and have a nice day. Bye-bye.