Alternus Clean Energy Inc. News Releases

Alternus Clean Energy to Participate at The Microcap Conference 2025 Alongside Top Growth Companies

Mon, 27 Jan 2025 08:30:00 -0500

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...

Alternus Clean Energy Announces Closing of $2.25 Million Private Placement

Fri, 24 Jan 2025 08:30:00 -0500

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"),...

Alternus Clean Energy Announces Pricing of $2.25 Million Private Placement

Wed, 22 Jan 2025 08:30:00 -0500

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,...

Alternus Clean Energy CEO Vincent Browne Highlights Milestones and Growth Vision for 2025 on Proactiveinvestors.com

Thu, 16 Jan 2025 08:30:00 -0500

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...

Alternus Clean Energy Secures Full Permitting for First of Its Eleven Italian Solar Projects; Construction is Expected to Start in Q2 2025

Wed, 08 Jan 2025 09:35:00 -0500

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...

Alternus Clean Energy Completes Acquisition of LiiON, a Leading US-Based Provider of Advanced Energy Storage Solutions

Thu, 12 Dec 2024 11:00:00 -0500

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'...

Alternus Clean Energy Announces Binding Terms for Acquisition of Leading Storage and Solution Provider LiiON, LLC

Mon, 25 Nov 2024 09:14:00 -0500

Acquisition will bring proven pedigree and expertise in battery storage and support push into Microgrids New 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...

Alternus Clean Energy Continues Deleveraging Program by Removing Additional $30 Million of Debt, Improving Shareholder Equity by Approximately $4 Million

Tue, 12 Nov 2024 10:00:00 -0500

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...

Alternus Secures First Investment Tax Credit under the IRA to Finance Solar Projects

Wed, 23 Oct 2024 08:30:00 -0400

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...

Alternus Clean Energy, Inc. Announces 1-for-25 Reverse Stock Split as Part of Nasdaq Compliance Plan

Wed, 09 Oct 2024 08:30:00 -0400

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...