Alternus Clean Energy Inc. (ALCE)
NASDAQ (CM) NASDAQ (CM) Primary 
Alternus Clean Energy secures $6M in orders under Hover Energy partnership
Alternus Clean Energy Inc (NASDAQ:ALCE, OTC:ACLEW) said it currently has open client orders of nearly $6 million under its ongoing strategic partnership with Hover Energy. The companies, which formed their partnership in August 2024, focus on next-generation microgrid solutions for data centers and corporate clients.
Alternus Clean Energy reveals pricing of private placement
Alternus Clean Energy Inc (NASDAQ:ALCE, OTC:ACLEW) has announced the pricing of a $2.25 million private placement with institutional investors. The offering, structured as an Unsecured 20% Original Issue Discount Promissory Note, is set to close on or about January 23, 2025.
Alternus Clean Energy CEO shares 2025 vision - ICYMI
Alternus Clean Energy Inc (NASDAQ:ALCE, OTC:ACLEW) CEO Vincent Browne joined Proactive and shared insights into the company's recent achievements and its vision for the new year. He highlighted recent news about achieving full permitting for the first of 11 solar projects in Italy, a key focus market for Alternus since 2017.
Alternus Clean Energy gets permit to build first of 11 Italian solar farms
Alternus Clean Energy Inc (NASDAQ:ALCE, OTC:ACLEW) has secured full permitting for the first of 11 planned solar projects in Italy, paving the way for construction to begin in the coming months. Construction is scheduled to start in the second quarter of this year as a result, renewable energy firm Alternus announced on Wednesday.
Alternus Clean Energy completes acquisition of LiiON, bolstering energy storage capabilities
Alternus Clean Energy Inc (NASDAQ:ALCE, OTC:ACLEW) has completed its acquisition of LiiON, LLC, a US-based leader in advanced energy storage solutions, in a move CEO Vincent Browne says will significantly enhance the company's position as a comprehensive energy provider. "Completing this acquisition is a significant step forward for Alternus as we execute our strategy to become a comprehensive energy provider, encompassing utility-scale solar, clean energy microgrids, and other clean technologies,” Browne said in a statement.
Alternus Clean Energy to acquire energy storage solutions provider LiiON
Alternus Clean Energy Inc (NASDAQ:ALCE, OTC:ACLEW) announced it has signed binding terms to acquire LiiON, a leading US-based provider of advanced energy storage solutions, marking a significant step in expanding its renewable energy capabilities. The company said the acquisition will bolster its ability to offer comprehensive energy solutions, particularly in the microgrid market, and enhance its Battery Energy Storage (BESS) division.
Alternus Clean Energy is charting a global path to a 24/7 renewable future
Alternus Clean Energy Inc (NASDAQ:ALCE, OTC:ACLEW) has undergone a transformation over the past few years, pivoting from a small Oslo-listed firm to an aspiring global force in the renewable energy sector. Under the guidance of CEO Vincent Browne, the company is maneuvering through a complex landscape, shaped by capital demands, shifting markets, and an ambitious growth vision.
Alternus Clean Energy sheds $30M debt in asset sale, strengthens equity and eyes new growth
Alternus Clean Energy Inc (NASDAQ:ALCE, OTC:ACLEW) announced the completion of the sale of certain of its special purpose vehicles to Alternus Energy Group Plc, the company's majority shareholder. The transaction has allowed Alternus to shed approximately $30 million in debt and payables from its balance sheet, improving shareholder equity by around $4 million.
Alternus Clean Energy completes first tax equity transaction utilizing Inflation Reduction Act
Alternus Clean Energy Inc (NASDAQ:ALCE, OTC:ACLEW) has completed its first tax equity transaction under the Inflation Reduction Act (IRA), the company announced on Wednesday. The deal, which was carried out by a subsidiary of Alternus, involved a tax credit transfer of approximately $1.74 million from 2023 Investment Tax Credits (ITCs).
Alternus Clean Energy significantly enhances balance sheet with sale of Irish subsidiary
Alternus Clean Energy Inc (NASDAQ:ALCE, OTC:ACLEW) announced a strategic move to improve its balance sheet by selling its Irish subsidiary, Solis Bond Company DAC, along with its Romanian subsidiaries. The sale to Solis Trustee Special Vehicle Limited, executed for a nominal fee of one Euro, is part of Alternus's ongoing efforts to streamline operations and reduce debt.
Alternus Clean Energy announces termination of US solar parks agreement
Alternus Clean Energy Inc (NASDAQ:ALCE, OTC:ACLEW) announced that it has terminated its Membership Interest Purchase and Sales Agreement with C2 Taiyo Fund to acquire approximately 80 MWp solar installations across eight US states due to the seller's failure to meet the required closing conditions and fundamental changes to the portfolio of assets planned to be acquired. "It is unfortunate that we cannot continue with this transaction as planned.
ALCE Stock Earnings: Alternus Clean Energy Reported Results for Q2 2024
Alternus Clean Energy (NASDAQ: ALCE ) just reported results for the second quarter of 2024. Alternus Clean Energy reported earnings per share of -10 cents.
