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Alternus Clean Energy (ALCE) Company Overview

Profile

Full Name:

Alternus Clean Energy Inc

Sector:

Utilities

Industry:

Renewable

Country:

Ireland

IPO:

April 20, 2022

Indexes:

Not included

Description:

Alternus Clean Energy (ALCE) focuses on renewable energy solutions, primarily solar power. The company develops, operates, and manages solar energy projects to provide clean electricity. ALCE aims to promote sustainable energy practices and reduce carbon emissions, contributing to a greener future for communities and businesses.

Key Details

Price

$0.30

Annual Revenue

$20.08 M(+17.53% YoY)

Annual EPS

-$23.25(-190.62% YoY)

Annual ROE

109.82%

Beta

-0.02

Events Calendar

Earnings

Next earnings date:

Apr 15, 2025

Recent quarterly earnings:

Aug 26, 2024

Recent annual earnings:

Apr 15, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

Oct 11, 2024

Analyst ratings

Recent major analysts updates

No data about analysts updates

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Institutional Ownership

Alternus Clean Energy Announces Closing of $2.25 Million Private Placement
Alternus Clean Energy Announces Closing of $2.25 Million Private Placement
Alternus Clean Energy Announces Closing of $2.25 Million Private Placement
ALCE
newsfilecorp.comJanuary 24, 2025

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).

Alternus Clean Energy CEO shares 2025 vision - ICYMI
Alternus Clean Energy CEO shares 2025 vision - ICYMI
Alternus Clean Energy CEO shares 2025 vision - ICYMI
ALCE
proactiveinvestors.comJanuary 18, 2025

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 CEO Vincent Browne Highlights Milestones and Growth Vision for 2025 on Proactiveinvestors.com
Alternus Clean Energy CEO Vincent Browne Highlights Milestones and Growth Vision for 2025 on Proactiveinvestors.com
Alternus Clean Energy CEO Vincent Browne Highlights Milestones and Growth Vision for 2025 on Proactiveinvestors.com
ALCE
newsfilecorp.comJanuary 16, 2025

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.

Alternus Clean Energy gets permit to build first of 11 Italian solar farms
Alternus Clean Energy gets permit to build first of 11 Italian solar farms
Alternus Clean Energy gets permit to build first of 11 Italian solar farms
ALCE
proactiveinvestors.comJanuary 8, 2025

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 completes acquisition of LiiON, bolstering energy storage capabilities
Alternus Clean Energy completes acquisition of LiiON, bolstering energy storage capabilities
ALCE
proactiveinvestors.comDecember 12, 2024

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 Completes Acquisition of LiiON, a Leading US-Based Provider of Advanced Energy Storage Solutions
Alternus Clean Energy Completes Acquisition of LiiON, a Leading US-Based Provider of Advanced Energy Storage Solutions
Alternus Clean Energy Completes Acquisition of LiiON, a Leading US-Based Provider of Advanced Energy Storage Solutions
ALCE
newsfilecorp.comDecember 12, 2024

LiiON brings major clients like Amazon, Walmart, and NASA Completed acquisition is a significant step in Alternus' transition to become a more comprehensive clean energy provider New 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.

Alternus Clean Energy to acquire energy storage solutions provider LiiON
Alternus Clean Energy to acquire energy storage solutions provider LiiON
Alternus Clean Energy to acquire energy storage solutions provider LiiON
ALCE
proactiveinvestors.comNovember 25, 2024

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 Announces Binding Terms for Acquisition of Leading Storage and Solution Provider LiiON, LLC
Alternus Clean Energy Announces Binding Terms for Acquisition of Leading Storage and Solution Provider LiiON, LLC
Alternus Clean Energy Announces Binding Terms for Acquisition of Leading Storage and Solution Provider LiiON, LLC
ALCE
newsfilecorp.comNovember 25, 2024

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 engineering, marketing and sales of storage technology and services with large battery companies in the industry.

Alternus Clean Energy is charting a global path to a 24/7 renewable future
Alternus Clean Energy is charting a global path to a 24/7 renewable future
Alternus Clean Energy is charting a global path to a 24/7 renewable future
ALCE
proactiveinvestors.comNovember 15, 2024

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 Secures First Investment Tax Credit under the IRA to Finance Solar Projects
Alternus Secures First Investment Tax Credit under the IRA to Finance Solar Projects
Alternus Secures First Investment Tax Credit under the IRA to Finance Solar Projects
ALCE
newsfilecorp.comOctober 23, 2024

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).

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FAQ

  • What is the ticker symbol for Alternus Clean Energy?
  • Does Alternus Clean Energy pay dividends?
  • What sector is Alternus Clean Energy in?
  • What industry is Alternus Clean Energy in?
  • What country is Alternus Clean Energy based in?
  • When did Alternus Clean Energy go public?
  • Is Alternus Clean Energy in the S&P 500?
  • Is Alternus Clean Energy in the NASDAQ 100?
  • Is Alternus Clean Energy in the Dow Jones?
  • When was Alternus Clean Energy's last earnings report?
  • When does Alternus Clean Energy report earnings?

What is the ticker symbol for Alternus Clean Energy?

The ticker symbol for Alternus Clean Energy is NASDAQ:ALCE

Does Alternus Clean Energy pay dividends?

No, Alternus Clean Energy does not pay dividends

What sector is Alternus Clean Energy in?

Alternus Clean Energy is in the Utilities sector

What industry is Alternus Clean Energy in?

Alternus Clean Energy is in the Renewable industry

What country is Alternus Clean Energy based in?

Alternus Clean Energy is headquartered in Ireland

When did Alternus Clean Energy go public?

Alternus Clean Energy's initial public offering (IPO) was on April 20, 2022

Is Alternus Clean Energy in the S&P 500?

No, Alternus Clean Energy is not included in the S&P 500 index

Is Alternus Clean Energy in the NASDAQ 100?

No, Alternus Clean Energy is not included in the NASDAQ 100 index

Is Alternus Clean Energy in the Dow Jones?

No, Alternus Clean Energy is not included in the Dow Jones index

When was Alternus Clean Energy's last earnings report?

Alternus Clean Energy's most recent earnings report was on Aug 26, 2024

When does Alternus Clean Energy report earnings?

The next expected earnings date for Alternus Clean Energy is Apr 15, 2025