Articles from Alternus Clean Energy

On completion will be immediately EBITDA accretive

FORT MILL, S.C., April 22, 2024 (GLOBE NEWSWIRE) -- Utility-scale transatlantic clean energy independent power producer Alternus Clean Energy, Inc. (NASDAQALCE) (“Alternus” or the “Company”) today announced the closing of an approximately $2.16 million private placement pursuant to the terms of a securities purchase agreement, dated April 19, 2024, with a certain institutional investor (the “Investor”).

•  Revenue up by 17.5% YoY•  Gross profit up by 25% YoY

Agreement Enables Alternus to Continue to Grow and Expand U.S. Project Roster

FORT MILL, S.C., March 07, 2024 (GLOBE NEWSWIRE) -- Alternus Clean Energy (NASDAQALCE) (“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.

--Project Represents Completion of the Third Stage of First U.S. Based Installation for Alternus Clean Energy with More Planned in Tennessee--

--Alliance to offer differentiated 24x7 zero-carbon power to customers--

FORT MILL, S.C., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Utility-scale transatlantic clean energy independent power producer Alternus Clean Energy (NASDAQALCE) (“Alternus”) announced today that it will present at The Microcap Conference in Atlantic City on January 31 and February 1.

--Deleveraging Creates Capacity to Fund Accelerated Growth—--Equity Issued Brings on Strong Strategic Partner—

FORT MILL, S.C., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Utility scale transatlantic clean energy independent power producer (IPP) Alternus Clean Energy, Inc. (Nasdaq: ALCE) (“Alternus” or the “Company”) today announced that Vincent Browne, CEO and Chairman of the Board, and Aaron Ratner, Executive Director, will be participating in the Water Tower Research Fireside Chat Series on January 12, 2024, at 11:00 am ET.

FORT MILL, S.C., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Utility scale transatlantic clean energy independent power producer (IPP) Alternus Clean Energy, Inc. (Nasdaq: ALCE) (“Alternus” or the “Company”) today announced Vincent Browne, CEO and Chairman of the Board, will be ringing the ceremonial closing bell at the Nasdaq MarketSite in New York City’s Time Square, Wednesday, January 10, 2024, at 4:00 PM EST.

• Alternus Energy Group becomes majority shareholder in Alternus Clean Energy Inc.• Commences trading on NASDAQ under the ticker “ALCE”

NEW YORK and DUBLIN, Ireland, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Clean Earth Acquisition Corp. (Nasdaq: CLIN) (“Clean Earth” or the “Company”), announced today that the conditions to closing the business combination (the “Business Combination”) between Clean Earth and Alternus Energy Group Plc, a public limited company incorporated under the laws of Ireland, (OSE: ALT, “Alternus”) have not yet been satisfied and the business combination has not closed, as described in the definitive proxy statement/prospectus filed by the Company with the SEC on November 14, 2023 (the “Proxy Statement/Prospectus”). The parties are working together to expeditiously satisfy such closing conditions, including obtaining the approval of Nasdaq to list the post-combination company’s common stock following the closing of the business combination. There can be no assurance that the business combination will be consummated within the time period required by Clean Earth’s governing documents, which currently provide that Clean Earth must consummate its initial consummation by May 28, 2024.

DUBLIN, Ireland, Nov. 28, 2023 (GLOBE NEWSWIRE) -- International Renewable Independent Power Producer (IPP) Alternus Energy Group Plc (OSE: ALT) (the “Company” or “Alternus”) today announced unaudited U.S. GAAP financial results for the third quarter of 2023 under the US GAAP format.

DUBLIN, Ireland, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Alternus Energy Group plc (“Alternus”) (OSE: ALT), today announced that Clean Earth Acquisitions Corp. has filed a definitive proxy statement (the “Proxy Statement”) with the U.S. Securities and Exchange Commission (“SEC”) and announced the date for Clean Earth’s Special Meeting of Stockholders (the “Special Meeting”) to, among other things, approve the previously announced proposed business combination (the “Business Combination”) with Alternus.