Profile
Sector:
UtilitiesIndustry:
RenewableCountry:
IrelandIPO:
20 April 2022Website:
http://alternusenergy.comNext earnings report:
29 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 30 Oct 2024 23:52:19 GMTDividend
Analysts recommendations
Institutional Ownership
ALCE Latest News
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).
Fort Mill, South Carolina--(Newsfile Corp. - October 8, 2024) - Alternus Clean Energy, Inc. (NASDAQ: ALCE) ("Alternus"), announces that on October 3, 2024, by mutual agreement and in furtherance of the Company's balance sheet improvement activities, Solis Bond Company DAC ("Solis"), a company formed under the laws of Ireland and an indirect wholly owned subsidiary of the Company, was sold, along with its subsidiaries in Romania, to Solis Trustee Special Vehicle Limited, the Solis Bondholders' ownership vehicle, for one Euro (€1.00) in accordance with the terms of the Solis Bonds, as amended. As a result of the sale, Alternus has removed approximately $100 million in debt and payables related to Solis activities and will improve shareholders equity by approximately $45 million.
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.
Fort Mill, South Carolina--(Newsfile Corp. - September 19, 2024) - Alternus Clean Energy, Inc. (NASDAQ: ALCE) ("Alternus" or the "Company"), a leading utility-scale transatlantic, clean energy independent power producer (IPP), has terminated its MIPSA with C2 Taiyo Fund I, LLP to acquire approximately 80MWp solar installations across 8 U.S. states, originally announced on May 1, 2024, due to seller's failure to meet the required closing conditions and fundamental changes in the portfolio of assets planned to be acquired. Alternus CEO Vincent Browne commented, "It is unfortunate that we cannot continue with this transaction as planned.
Three more Wind-Powered Microgrid(TM) projects ordered for Hawaii Fort Mill, South Carolina--(Newsfile Corp. - August 28, 2024) - Alternus Clean Energy Inc. (NASDAQ: ALCE) ("Alternus") is pleased that just ten days after its partner Hover Energy LLC ("Hover") and Hawaii Construction & Development Consulting ("HCDC") announced their first joint renewable microgrid project in Hawaii as part of HCDC's renovation of Union Plaza in downtown Honolulu, the parties have agreed to terms for three additional projects. Installation is expected to begin in Q4 2024, contingent on permitting, with revenues following immediately thereafter.
FORT MILL, S.C., March 07, 2024 (GLOBE NEWSWIRE) -- Alternus Clean Energy (NASDAQ: ALCE) (“Alternus” or the “Company”), a leading utility-scale transatlantic, clean energy independent power producer (IPP) today announced its participation in various industry events and investor conferences over the next several months.
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FORT MILL, S.C., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Utility-scale transatlantic clean energy independent power producer Alternus Clean Energy (NASDAQ: ALCE) (“Alternus”) announced today that it will present at The Microcap Conference in Atlantic City on January 31 and February 1.
What type of business is Alternus Clean Energy?
Alternus Energy Group Plc operates as an international vertically integrated independent power producer. It owns, develops, installs, and operates midsized utility scale solar parks. The company was incorporated in 2019 and is headquartered in Dublin, Ireland.
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 from?
Alternus Clean Energy is headquartered in Ireland
When did Alternus Clean Energy go public?
Alternus Clean Energy initial public offering (IPO) was on 20 April 2022
What is Alternus Clean Energy website?
https://alternusenergy.com
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 the previous earnings report?
No data
When does Alternus Clean Energy earnings report?
The next expected earnings date for Alternus Clean Energy is 29 November 2024