New York, New York--(Newsfile Corp. - January 27, 2025) - Alternus Clean Energy, Inc. (NASDAQ:ALCE) ("Alternus"), a global provider of international renewable energy solutions, today announced that it will participate at The Microcap Conference 2025, a premier event for growth-focused companies and investors. The conference will take place January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, NJ.Alternus will engage in one-on-one meetings with institutional and individual investors to discuss the Company's recent developments, growth strategy, and investment opportunities. Alternus Vice Chairman, John Thomas, will represent Alternus at the event."We're excited to attend Th
New York, New York--(Newsfile Corp. - January 24, 2025) - Alternus Clean Energy, Inc. (NASDAQ:ALCE) ("ALCE", "Alternus" or the "Company") a renewable energy company, today announced the closing of its previously announced private placement of $2.25 million pursuant to the terms of a securities purchase agreement, dated January 21, 2025, with several institutional investors (the "Purchasers").The offering was in the form of an Unsecured 20% Original Issue Discount Promissory Note (the "Note"), resulting in proceeds (before expenses) to Alternus of approximately $2.25 million (out of the total $2.81 million offering size). The Company shall use the net proceeds from the said offering for worki
New York, New York--(Newsfile Corp. - January 22, 2025) - Alternus Clean Energy, Inc. (NASDAQ:ALCE) ("ALCE", "Alternus" or the "Company") a renewable energy company, today announced the pricing of an approximately $2.25 million private placement round pursuant to the terms of a securities purchase agreement, dated January 21, 2025, with several institutional investors (the "Purchasers"). The closing of the current private placement round is expected to occur on or about January 23, 2025, subject to the satisfaction of customary closing conditions.The offering is in the form of an Unsecured 20% Original Issue Discount Promissory Note (the "Note"), resulting in expected proceeds (before expens
New York, New York--(Newsfile Corp. - January 16, 2025) - Alternus Clean Energy, Inc. (NASDAQ:ALCE) ("Alternus"), a global provider of international renewable energy solutions, today announced that Vincent Browne, CEO of Alternus, participated in a video interview with Proactiveinvestors.com.During the interview, Mr. Browne shared recent accomplishments for Alternus Clean Energy, including achieving full permitting for the first of 11 solar projects in Italy. Construction on the 18MW project will begin mid-2025, with plans to power the Italian grid within 18 months, generating up to $25 million in annual cash flow over 30 years. "This is a big focus country for us," Browne said, highlighting
Upon completion, the 18MW project is expected to generate approximately $2 million annually in recurring revenues.New York, New York--(Newsfile Corp. - January 8, 2025) - Alternus Clean Energy, Inc. (NASDAQ:ALCE) ("ALCE", "Alternus" or the "Company") a renewable energy company, today announced that construction on the first of its eleven solar projects in Italy is scheduled to commence in Q2 2025. This milestone solidifies Alternus' expansion into one of Europe's most promising solar energy markets. The project, expected to be completed by mid-2026, is expected to generate over $2 million in annual revenue, over its anticipated 30-year lifespan, with an estimated 80% EBITDA margin. In addit
LiiON brings major clients like Amazon, Walmart, and NASACompleted acquisition is a significant step in Alternus' transition to become a more comprehensive clean energy providerNew York, New York--(Newsfile Corp. - December 12, 2024) - Alternus Clean Energy, Inc. (NASDAQ:ALCE) ("Alternus"), a global provider of international renewable energy solutions, announces today it has completed the acquisition of LiiON, LLC ("LiiON") through an asset purchase agreement, entered into with one of Alternus' US subsidiaries. LiiON is a U.S.-based leader in advanced energy storage solutions. The company was founded in 2009 by a team of senior power quality experts with extensive backgrounds in engineering,
Acquisition will bring proven pedigree and expertise in battery storage and support push into MicrogridsNew York, New York--(Newsfile Corp. - November 25, 2024) - Alternus Clean Energy, Inc. (NASDAQ:ALCE) ("Alternus"), a growing international renewable energy provider, today announces the signing of binding terms with LiiON, LLC, ("LiiON") a U.S.-based expert in advanced energy storage solutions. LiiON was founded in 2009 by a group of senior power quality experts with extensive backgrounds in engineering, marketing and sales of storage technology and services with large battery companies in the industry.The acquisition marks a pivotal expansion for Alternus, strengthening its ability to del
New York, New York--(Newsfile Corp. - November 12, 2024) - Alternus Clean Energy, Inc. (NASDAQ:ALCE) ("ALCE", "Company") announces that it recently completed the sale of certain of its SPVs to Alternus Energy Group Plc. ("AEG") a majority shareholder of the Company. As a result, the Company has removed approximately $30 million in debt and payables from the consolidated financials and improved ALCE's shareholder equity by approximately $4 million.ALCE has now reduced total debt by approximately $130 million, with resultant improvement in shareholders' equity of over $50 million with recent divestments and discontinuation of non-core or no longer economic activities. The Company is moving to
Net funds from tax credit transfer reduced existing debt, further deleveraging balance sheet.Fort Mill, South Carolina--(Newsfile Corp. - October 23, 2024) - Alternus Clean Energy, Inc. (NASDAQ:ALCE) ("Alternus"), a leading utility-scale transatlantic, clean energy independent power producer (IPP), has completed its first closing of a tax equity transaction, using the investment tax credit (ITC) structure introduced in the Inflation Reduction Act (IRA).The transaction was completed by a wholly owned subsidiary of Alternus in the form of a tax credit transfer of approximately $1.74 million of 2023 ITCs. The project portfolio consists of the Omohundro Solar Project ("Omohundro") and the White'
Fort Mill, South Carolina--(Newsfile Corp. - October 9, 2024) - Alternus Clean Energy Inc. (NASDAQ:ALCE) ("Alternus"), a leading utility-scale transatlantic, clean energy independent power producer (IPP), today announced that it will effect a 1-for-25 reverse stock split of its common stock. The reverse stock split will become effective at 12:01 a.m. Eastern Time on Friday, October 11, 2024, and the Company's common stock will commence trading on the Nasdaq Capital Market on a post-split basis at the opening of the market on October 11, 2024, pending confirmation by the Depository Trust Company and the Nasdaq. The Company's common stock will continue to trade on the Nasdaq Capital Market und
8-K - Alternus Clean Energy, Inc. (0001883984) (Filer)
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8-K - Alternus Clean Energy, Inc. (0001883984) (Filer)
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DEF 14C - Alternus Clean Energy, Inc. (0001883984) (Filer)
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NT 10-K - Alternus Clean Energy, Inc. (0001883984) (Filer)
8-K - Alternus Clean Energy, Inc. (0001883984) (Filer)
8-K - Alternus Clean Energy, Inc. (0001883984) (Filer)
PRE 14C - Alternus Clean Energy, Inc. (0001883984) (Filer)
New York, New York--(Newsfile Corp. - January 27, 2025) - Alternus Clean Energy, Inc. (NASDAQ:ALCE) ("Alternus"), a global provider of international renewable energy solutions, today announced that it will participate at The Microcap Conference 2025, a premier event for growth-focused companies and investors. The conference will take place January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, NJ.Alternus will engage in one-on-one meetings with institutional and individual investors to discuss the Company's recent developments, growth strategy, and investment opportunities. Alternus Vice Chairman, John Thomas, will represent Alternus at the event."We're excited to attend Th
Debt reduced by $80 million(40%) during H1Additional market focus in microgridsFort Mill, South Carolina--(Newsfile Corp. - August 27, 2024) - International Renewable Independent Power Producer (IPP) Alternus Clean Energy Inc. (NASDAQ:ALCE) (OTC:ACLEW) (the "Company" or "Alternus") recently announced its unaudited financial results for the three and six months ended June 30, 2024 and additionally restated results for its first quarter, 2024.Highights For the Three Months Ended June 30, 2024Operating assets generated over 18GW hours of clean energy delivered to local power grids. Overall power production was up 14% when adjusted for the Italian parks included in 2023, that where sold in Dece
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LiiON brings major clients like Amazon, Walmart, and NASACompleted acquisition is a significant step in Alternus' transition to become a more comprehensive clean energy providerNew York, New York--(Newsfile Corp. - December 12, 2024) - Alternus Clean Energy, Inc. (NASDAQ:ALCE) ("Alternus"), a global provider of international renewable energy solutions, announces today it has completed the acquisition of LiiON, LLC ("LiiON") through an asset purchase agreement, entered into with one of Alternus' US subsidiaries. LiiON is a U.S.-based leader in advanced energy storage solutions. The company was founded in 2009 by a team of senior power quality experts with extensive backgrounds in engineering,
Acquisition will bring proven pedigree and expertise in battery storage and support push into MicrogridsNew York, New York--(Newsfile Corp. - November 25, 2024) - Alternus Clean Energy, Inc. (NASDAQ:ALCE) ("Alternus"), a growing international renewable energy provider, today announces the signing of binding terms with LiiON, LLC, ("LiiON") a U.S.-based expert in advanced energy storage solutions. LiiON was founded in 2009 by a group of senior power quality experts with extensive backgrounds in engineering, marketing and sales of storage technology and services with large battery companies in the industry.The acquisition marks a pivotal expansion for Alternus, strengthening its ability to del
SC 13G/A - Alternus Clean Energy, Inc. (0001883984) (Subject)
SC 13G - Alternus Clean Energy, Inc. (0001883984) (Subject)