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Alternus Clean Energy Inc

Alternus Clean Energy Inc (ALCE)

0.5799
-0.0621
(-9.67%)
Closed January 13 4:00PM
0.5463
-0.0336
( -5.79% )
Pre Market: 4:19AM

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
0.5463
Bid
0.5438
Ask
0.5945
Volume
690
0.00 Day's Range 0.00
0.5305 52 Week Range 30.75
Market Cap
Previous Close
0.5799
Open
-
Last Trade
1
@
0.5794
Last Trade Time
04:16:04
Financial Volume
-
VWAP
-
Average Volume (3m)
1,265,926
Shares Outstanding
4,369,280
Dividend Yield
-
PE Ratio
-0.31
Earnings Per Share (EPS)
-15.9
Revenue
20.08M
Net Profit
-69.46M

About Alternus Clean Energy Inc

Alternus Clean Energy Inc. is a clean energy independent power producer. The Company develops, installs, owns and operates utility scale solar parks in United States of America and Europe. The Company's portfolio consists of approximately 168 megawatts (MW) in operation across Italy, Poland, Netherl... Alternus Clean Energy Inc. is a clean energy independent power producer. The Company develops, installs, owns and operates utility scale solar parks in United States of America and Europe. The Company's portfolio consists of approximately 168 megawatts (MW) in operation across Italy, Poland, Netherlands, Romania and Tennessee in the United States; over 98 MW under construction; and an acquisition pipeline of over one gigawatt (GW). The Company holds over 500-Megawatts peak (MWp) of organic development projects in pre-construction and late-stage development. Show more

Sector
Electric & Other Serv Comb
Industry
Electric & Other Serv Comb
Headquarters
Wilmington, Delaware, USA
Founded
-
Alternus Clean Energy Inc is listed in the Electric & Other Serv Comb sector of the NASDAQ with ticker ALCE. The last closing price for Alternus Clean Energy was $0.58. Over the last year, Alternus Clean Energy shares have traded in a share price range of $ 0.5305 to $ 30.75.

Alternus Clean Energy currently has 4,369,280 shares outstanding. The market capitalization of Alternus Clean Energy is $2.53 million. Alternus Clean Energy has a price to earnings ratio (PE ratio) of -0.31.

ALCE Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.1437-20.82608695650.690.770.530528697300.65407663CS
4-0.2437-30.84810126580.791.520.530532097430.91475547CS
12-2.0137-78.660156252.562.90.530512659261.08935546CS
26-9.4512-94.53563390859.997510.1050.530518638922.85336013CS
52-29.9537-98.20885245930.530.750.530511354794.27308473CS
156-59.4537-99.08956062.750.530511042685.03443569CS
260-59.4537-99.08956062.750.530511042685.03443569CS

ALCE - Frequently Asked Questions (FAQ)

What is the current Alternus Clean Energy share price?
The current share price of Alternus Clean Energy is $ 0.5463
How many Alternus Clean Energy shares are in issue?
Alternus Clean Energy has 4,369,280 shares in issue
What is the market cap of Alternus Clean Energy?
The market capitalisation of Alternus Clean Energy is USD 2.53M
What is the 1 year trading range for Alternus Clean Energy share price?
Alternus Clean Energy has traded in the range of $ 0.5305 to $ 30.75 during the past year
What is the PE ratio of Alternus Clean Energy?
The price to earnings ratio of Alternus Clean Energy is -0.31
What is the cash to sales ratio of Alternus Clean Energy?
The cash to sales ratio of Alternus Clean Energy is 1.09
What is the reporting currency for Alternus Clean Energy?
Alternus Clean Energy reports financial results in USD
What is the latest annual turnover for Alternus Clean Energy?
The latest annual turnover of Alternus Clean Energy is USD 20.08M
What is the latest annual profit for Alternus Clean Energy?
The latest annual profit of Alternus Clean Energy is USD -69.46M
What is the registered address of Alternus Clean Energy?
The registered address for Alternus Clean Energy is CORPORATION TRUST CENTER 1209 ORANGE ST, NEW CASTLE, WILMINGTON, DELAWARE, 19801
What is the Alternus Clean Energy website address?
The website address for Alternus Clean Energy is www.cleanearthacquisitions.com
Which industry sector does Alternus Clean Energy operate in?
Alternus Clean Energy operates in the ELECTRIC & OTHER SERV COMB sector

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ALCE Discussion

View Posts
georgie18 georgie18 5 days ago
Nice trade...🥳...Took some profits already and accumulating dips under $1...
πŸ‘οΈ0
georgie18 georgie18 5 days ago
ALCE...75...Hit $1.19 in the A/H...🥳Accumulating dips...

georgie18

Member Level
Re: georgie18 post# 53

Wednesday, January 08, 2025 1:48:54 PM

Post#
56
of 60
ALCE....65...Loading here...🥳Been accumulating from .65/to $1.16...

georgie18

Member Level
Re: georgie18 post# 387840

Thursday, January 02, 2025 11:01:07 AM

Post#
387873
of 388290
ALCE...91...🥳...Loading the dip...

georgie18

Member Level
Re: georgie18 post# 50

Thursday, January 02, 2025 9:21:33 AM

Post#
52
of 52
ALCE...$1.31...🥳...Been Accumulating in the .80 to $1.16 range...

georgie18

Member Level
Re: georgie18 post# 386938

Wednesday, December 18, 2024 1:56:02 PM

Post#
387179
of 387838
ALCE...81...Added on the .76 Dip...🥳

georgie18

Member Level
Re: georgie18 post# 46

Friday, December 13, 2024 11:43:02 AM

Post#
49
of 49
ALCE...added here on the .80 range dip...🥳...Accumulating this tine floater...

georgie18

Member Level
Re: georgie18 post# 386790

Tuesday, December 10, 2024 2:02:55 PM

Post#
386804
of 386937
ALCE...$1.16...🥳...Psar flipped Bullish...

georgie18

Member Level
Re: georgie18 post# 44

Tuesday, December 10, 2024 11:53:04 AM

Post#
45
of 45
ALCE...$1.10...added here...🥳

georgie18

Member Level
Re: georgie18 post# 386216

Friday, December 06, 2024 1:20:50 PM

Post#
386648
of 386789
ALCE...$1...Scaled in today with a starter...🥳Been watching for a week or so...Will add up or down...

georgie18

Member Level
Re: None

Thursday, November 28, 2024 11:51:06 AM

Post#
43
of 43
ALCE...$1.24...🥳... https://schrts.co/FNucUsut ...500K Float Post Split...86% Insider Owned...No position...Will watch for Entry on this Energy Play...

https://www.newsfilecorp.com/release/231276/Alternus-Clean-Energy-Announces-Binding-Terms-for-Acquisition-of-Leading-Storage-and-Solution-Provider-LiiON-LLC
πŸ‘οΈ0
Invest-in-America Invest-in-America 5 days ago
I'm thinking like, an "ALCE-in-Moneyland", re-run here???
👍 1
glenn1919 glenn1919 5 days ago
ALCE........................https://stockcharts.com/h-sc/ui?s=ALCE&p=W&b=5&g=0&id=p86431144783
πŸ‘οΈ0
tw0122 tw0122 6 days ago
Not bad .70 to $1.09 take those quick profits nothing staying up long $1s and done 
πŸ‘οΈ0
tw0122 tw0122 6 days ago
ALCE catch the dips a low floater makin some
Cash at least 
πŸ‘οΈ0
georgie18 georgie18 6 days ago
ALCE....65...Loading here...🥳Been accumulating from .65/to $1.16...

georgie18

Member Level
Re: georgie18 post# 387840

Thursday, January 02, 2025 11:01:07 AM

Post#
387873
of 388290
ALCE...91...🥳...Loading the dip...

georgie18

Member Level
Re: georgie18 post# 50

Thursday, January 02, 2025 9:21:33 AM

Post#
52
of 52
ALCE...$1.31...🥳...Been Accumulating in the .80 to $1.16 range...

georgie18

Member Level
Re: georgie18 post# 386938

Wednesday, December 18, 2024 1:56:02 PM

Post#
387179
of 387838
ALCE...81...Added on the .76 Dip...🥳

georgie18

Member Level
Re: georgie18 post# 46

Friday, December 13, 2024 11:43:02 AM

Post#
49
of 49
ALCE...added here on the .80 range dip...🥳...Accumulating this tine floater...

georgie18

Member Level
Re: georgie18 post# 386790

Tuesday, December 10, 2024 2:02:55 PM

Post#
386804
of 386937
ALCE...$1.16...🥳...Psar flipped Bullish...

georgie18

Member Level
Re: georgie18 post# 44

Tuesday, December 10, 2024 11:53:04 AM

Post#
45
of 45
ALCE...$1.10...added here...🥳

georgie18

Member Level
Re: georgie18 post# 386216

Friday, December 06, 2024 1:20:50 PM

Post#
386648
of 386789
ALCE...$1...Scaled in today with a starter...🥳Been watching for a week or so...Will add up or down...

georgie18

Member Level
Re: None

Thursday, November 28, 2024 11:51:06 AM

Post#
43
of 43
ALCE...$1.24...🥳... https://schrts.co/FNucUsut ...500K Float Post Split...86% Insider Owned...No position...Will watch for Entry on this Energy Play...

https://www.newsfilecorp.com/release/231276/Alternus-Clean-Energy-Announces-Binding-Terms-for-Acquisition-of-Leading-Storage-and-Solution-Provider-LiiON-LLC
πŸ‘οΈ0
Invest-in-America Invest-in-America 2 weeks ago
Whelp, so much for the, "ALCE in Wall Street Land", fairy tale!!

πŸ‘οΈ0
2cents4one 2cents4one 2 weeks ago
I think we have bottomed out. I believe we will close over a dollar. IMHO
πŸ‘οΈ0
georgie18 georgie18 2 weeks ago
ALCE...91...🥳...Loading the dip...

georgie18

Member Level
Re: georgie18 post# 50

Thursday, January 02, 2025 9:21:33 AM

Post#
52
of 52
ALCE...$1.31...🥳...Been Accumulating in the .80 to $1.16 range...

georgie18

Member Level
Re: georgie18 post# 386938

Wednesday, December 18, 2024 1:56:02 PM

Post#
387179
of 387838
ALCE...81...Added on the .76 Dip...🥳

georgie18

Member Level
Re: georgie18 post# 46

Friday, December 13, 2024 11:43:02 AM

Post#
49
of 49
ALCE...added here on the .80 range dip...🥳...Accumulating this tine floater...

georgie18

Member Level
Re: georgie18 post# 386790

Tuesday, December 10, 2024 2:02:55 PM

Post#
386804
of 386937
ALCE...$1.16...🥳...Psar flipped Bullish...

georgie18

Member Level
Re: georgie18 post# 44

Tuesday, December 10, 2024 11:53:04 AM

Post#
45
of 45
ALCE...$1.10...added here...🥳

georgie18

Member Level
Re: georgie18 post# 386216

Friday, December 06, 2024 1:20:50 PM

Post#
386648
of 386789
ALCE...$1...Scaled in today with a starter...🥳Been watching for a week or so...Will add up or down...

georgie18

Member Level
Re: None

Thursday, November 28, 2024 11:51:06 AM

Post#
43
of 43
ALCE...$1.24...🥳... https://schrts.co/FNucUsut ...500K Float Post Split...86% Insider Owned...No position...Will watch for Entry on this Energy Play...

https://www.newsfilecorp.com/release/231276/Alternus-Clean-Energy-Announces-Binding-Terms-for-Acquisition-of-Leading-Storage-and-Solution-Provider-LiiON-LLC
πŸ‘οΈ0
georgie18 georgie18 2 weeks ago
ALCE...$1.31...🥳...Been Accumulating in the .80 to $1.16 range...

georgie18

Member Level
Re: georgie18 post# 386938

Wednesday, December 18, 2024 1:56:02 PM

Post#
387179
of 387838
ALCE...81...Added on the .76 Dip...🥳

georgie18

Member Level
Re: georgie18 post# 46

Friday, December 13, 2024 11:43:02 AM

Post#
49
of 49
ALCE...added here on the .80 range dip...🥳...Accumulating this tine floater...

georgie18

Member Level
Re: georgie18 post# 386790

Tuesday, December 10, 2024 2:02:55 PM

Post#
386804
of 386937
ALCE...$1.16...🥳...Psar flipped Bullish...

georgie18

Member Level
Re: georgie18 post# 44

Tuesday, December 10, 2024 11:53:04 AM

Post#
45
of 45
ALCE...$1.10...added here...🥳

georgie18

Member Level
Re: georgie18 post# 386216

Friday, December 06, 2024 1:20:50 PM

Post#
386648
of 386789
ALCE...$1...Scaled in today with a starter...🥳Been watching for a week or so...Will add up or down...

georgie18

Member Level
Re: None

Thursday, November 28, 2024 11:51:06 AM

Post#
43
of 43
ALCE...$1.24...🥳... https://schrts.co/FNucUsut ...500K Float Post Split...86% Insider Owned...No position...Will watch for Entry on this Energy Play...

https://www.newsfilecorp.com/release/231276/Alternus-Clean-Energy-Announces-Binding-Terms-for-Acquisition-of-Leading-Storage-and-Solution-Provider-LiiON-LLC
πŸ‘οΈ0
glenn1919 glenn1919 2 weeks ago
alce...........................https://stockcharts.com/h-sc/ui?s=alce&p=W&b=5&g=0&id=p86431144783
πŸ‘οΈ0
georgie18 georgie18 4 weeks ago
ALCE...81...Added on the .76 Dip...🥳

georgie18

Member Level
Re: georgie18 post# 46

Friday, December 13, 2024 11:43:02 AM

Post#
49
of 49
ALCE...added here on the .80 range dip...🥳...Accumulating this tine floater...

georgie18

Member Level
Re: georgie18 post# 386790

Tuesday, December 10, 2024 2:02:55 PM

Post#
386804
of 386937
ALCE...$1.16...🥳...Psar flipped Bullish...

georgie18

Member Level
Re: georgie18 post# 44

Tuesday, December 10, 2024 11:53:04 AM

Post#
45
of 45
ALCE...$1.10...added here...🥳

georgie18

Member Level
Re: georgie18 post# 386216

Friday, December 06, 2024 1:20:50 PM

Post#
386648
of 386789
ALCE...$1...Scaled in today with a starter...🥳Been watching for a week or so...Will add up or down...

georgie18

Member Level
Re: None

Thursday, November 28, 2024 11:51:06 AM

Post#
43
of 43
ALCE...$1.24...🥳... https://schrts.co/FNucUsut ...500K Float Post Split...86% Insider Owned...No position...Will watch for Entry on this Energy Play...

https://www.newsfilecorp.com/release/231276/Alternus-Clean-Energy-Announces-Binding-Terms-for-Acquisition-of-Leading-Storage-and-Solution-Provider-LiiON-LLC
πŸ‘οΈ0
georgie18 georgie18 1 month ago
ALCE...added here on the .80 range dip...🥳...Accumulating this tine floater...

georgie18

Member Level
Re: georgie18 post# 386790

Tuesday, December 10, 2024 2:02:55 PM

Post#
386804
of 386937
ALCE...$1.16...🥳...Psar flipped Bullish...

georgie18

Member Level
Re: georgie18 post# 44

Tuesday, December 10, 2024 11:53:04 AM

Post#
45
of 45
ALCE...$1.10...added here...🥳

georgie18

Member Level
Re: georgie18 post# 386216

Friday, December 06, 2024 1:20:50 PM

Post#
386648
of 386789
ALCE...$1...Scaled in today with a starter...🥳Been watching for a week or so...Will add up or down...

georgie18

Member Level
Re: None

Thursday, November 28, 2024 11:51:06 AM

Post#
43
of 43
ALCE...$1.24...🥳... https://schrts.co/FNucUsut ...500K Float Post Split...86% Insider Owned...No position...Will watch for Entry on this Energy Play...

https://www.newsfilecorp.com/release/231276/Alternus-Clean-Energy-Announces-Binding-Terms-for-Acquisition-of-Leading-Storage-and-Solution-Provider-LiiON-LLC
πŸ‘οΈ0
georgie18 georgie18 1 month ago
I been buying it up...🥳
πŸ‘οΈ0
Monksdream Monksdream 1 month ago
ALCE, new 52=week low

πŸ‘οΈ0
georgie18 georgie18 1 month ago
ALCE...$1.16...🥳...Psar flipped Bullish...

georgie18

Member Level
Re: georgie18 post# 44

Tuesday, December 10, 2024 11:53:04 AM

Post#
45
of 45
ALCE...$1.10...added here...🥳

georgie18

Member Level
Re: georgie18 post# 386216

Friday, December 06, 2024 1:20:50 PM

Post#
386648
of 386789
ALCE...$1...Scaled in today with a starter...🥳Been watching for a week or so...Will add up or down...

georgie18

Member Level
Re: None

Thursday, November 28, 2024 11:51:06 AM

Post#
43
of 43
ALCE...$1.24...🥳... https://schrts.co/FNucUsut ...500K Float Post Split...86% Insider Owned...No position...Will watch for Entry on this Energy Play...

https://www.newsfilecorp.com/release/231276/Alternus-Clean-Energy-Announces-Binding-Terms-for-Acquisition-of-Leading-Storage-and-Solution-Provider-LiiON-LLC
πŸ‘οΈ0
georgie18 georgie18 1 month ago
ALCE...$1.10...added here...🥳

georgie18

Member Level
Re: georgie18 post# 386216

Friday, December 06, 2024 1:20:50 PM

Post#
386648
of 386789
ALCE...$1...Scaled in today with a starter...🥳Been watching for a week or so...Will add up or down...

georgie18

Member Level
Re: None

Thursday, November 28, 2024 11:51:06 AM

Post#
43
of 43
ALCE...$1.24...🥳... https://schrts.co/FNucUsut ...500K Float Post Split...86% Insider Owned...No position...Will watch for Entry on this Energy Play...

https://www.newsfilecorp.com/release/231276/Alternus-Clean-Energy-Announces-Binding-Terms-for-Acquisition-of-Leading-Storage-and-Solution-Provider-LiiON-LLC
πŸ‘οΈ0
georgie18 georgie18 1 month ago
ALCE...$1...Scaled in today with a starter...🥳Been watching for a week or so...Will add up or down...

georgie18

Member Level
Re: None

Thursday, November 28, 2024 11:51:06 AM

Post#
43
of 43
ALCE...$1.24...🥳... https://schrts.co/FNucUsut ...500K Float Post Split...86% Insider Owned...No position...Will watch for Entry on this Energy Play...

https://www.newsfilecorp.com/release/231276/Alternus-Clean-Energy-Announces-Binding-Terms-for-Acquisition-of-Leading-Storage-and-Solution-Provider-LiiON-LLC
πŸ‘οΈ0
georgie18 georgie18 2 months ago
ALCE...$1.24...🥳... https://schrts.co/FNucUsut ...500K Float Post Split...86% Insider Owned...No position...Will watch for Entry on this Energy Play...

https://www.newsfilecorp.com/release/231276/Alternus-Clean-Energy-Announces-Binding-Terms-for-Acquisition-of-Leading-Storage-and-Solution-Provider-LiiON-LLC
πŸ‘οΈ0
glenn1919 glenn1919 2 months ago
ALCE.........................https://stockcharts.com/h-sc/ui?s=ALCE&p=W&b=5&g=0&id=p86431144783
πŸ‘οΈ0
Invest-in-America Invest-in-America 2 months ago
ALCE: Circa 500K float; Solar stuff in N. America & EU.
πŸ‘οΈ0
TrendTrade2016 TrendTrade2016 2 months ago
ALCE POST SPLI BOOMAGE COMING
πŸ‘οΈ0
tw0122 tw0122 2 months ago
$2.72 + 72%  broad zone $2.17- $2.75 take your profits 
πŸ‘οΈ0
tw0122 tw0122 2 months ago
$2.30 + 45% flip out now take that 15% lock it in 
πŸ‘οΈ0
tw0122 tw0122 2 months ago
Hit $2s needs to be quick flip $2.06 + 30%
πŸ‘οΈ0
tw0122 tw0122 2 months ago
52 week low hit.. Alternus Clean Energy, Inc. (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.

πŸ‘οΈ0
gail gail 2 months ago
grabbed some on the dip today.
👍️ 1
glenn1919 glenn1919 2 months ago
ALCE........................https://stockcharts.com/h-sc/ui?s=ALCE&p=W&b=5&g=0&id=p86431144783
πŸ‘οΈ0
Klinsmann Klinsmann 3 months ago
The next big banger imo
πŸ‘οΈ0
Awl416 Awl416 3 months ago
don’t blink
πŸ‘οΈ0
Monksdream Monksdream 3 months ago
ALCE new 52 week low
πŸ‘οΈ0
TrendTrade2016 TrendTrade2016 3 months ago
ALCE ANOTHER BEAUTY POST SPLIT CALL WHEN NOBODY HAS EYES ON IT
πŸ‘οΈ0
TrendTrade2016 TrendTrade2016 3 months ago
ALCE...ALICE...POST SPLIT...TO THE MOON ALICE!!!
πŸ‘οΈ0
Enterprising Investor Enterprising Investor 3 months ago
Alternus Clean Energy, Inc. Announces 1-for-25 Reverse Stock Split as Part of Nasdaq Compliance Plan (10/09/24)

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 at the opening of the market on October 11, 2024, pending confirmation by the Depository Trust Company and the Nasdaq. The Company's common stock will continue to trade on the Nasdaq Capital Market under the Company's existing trading symbol, "ALCE," and a new CUSIP number 02157G 200 has been assigned as a result of the reverse stock split.

The Company expects that the reverse stock split, which was approved by the Company's stockholders at the Annual Meeting of Stockholders held on September 26, 2024, will increase the price per share of the Company's common stock, and is part of the Company's strategy to regain compliance with the $1.00 minimum bid price requirement of the Nasdaq Capital Market.

At the effective time of the reverse stock split, each twenty-five (25) shares of the Company's issued and outstanding common stock will be automatically converted into one (1) issued and outstanding share of common stock without any change in the par value of $0.0001 per share or the total number of authorized shares. The reverse stock split will reduce the Company's number of shares outstanding common stock from approximately 87,288,070 shares to approximately 3,491,522 shares. No fractional shares of common stock will be issued in connection with the reverse stock split, and stockholders who would otherwise be entitled to receive a fractional share will receive a cash payment in lieu thereof.

Stockholders of record as of October 10th, 2024, will be receiving information regarding their share ownership following the reverse stock split from the Company's transfer agent, Equiniti Trust Company, LLC (formerly known as American Stock Transfer & Trust Company). Equiniti can be reached at (833) 656-0637. Additional information about the reverse stock split can be found in the Company's definitive proxy statement on Schedule 14A, filed with the U.S. Securities and Exchange Commission (the "SEC") on September 6, 2024, and available free of charge at the SEC's website sec.gov.

Vincent Browne, Chief Executive Officer of Alternus: "Effecting this 1-for-25 reverse split was required to regain compliance with Nasdaq. This capital restructuring does not change the fundamental value of the Company, but along with recent actions to de-lever our balance sheet, it does increase our access to the capital we need to execute our long-term growth strategies. These strategies include partnerships and acquisitions to build our presence in high growth renewable energy segments that will complement our existing utility-scale solar IPP business. Our recent announcement of binding terms for a JV with Hover Energy, LLC is an example of this strategy. We are targeting additional joint ventures and investments in other energy segments that are accretive to the group both operationally and financially. We are confident that executing these strategies will provide a strong foundation for long-term shareholder value."

About Alternus Clean Energy:

Alternus is a transatlantic clean energy independent power producer. Headquartered in the United States, we currently develop, install, own, and operate utility scale solar parks in North America and Europe. Our highly motivated and dynamic team at Alternus have achieved rapid growth in recent years. Building on this, our goal is to reach 3GW of operating projects within five years through continued organic development activities and targeted strategic opportunities. Our vision is to become a leading provider of 24/7 clean energy delivering a sustainable future of renewable power with people and planet in harmony.

https://www.newsfilecorp.com/release/226118
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Enterprising Investor Enterprising Investor 3 months ago
Short Squeeze Quote™
Alternus Clean Energy Inc. - Class A Common Stock $ 0.31
Short Interest Ratio (Days To Cover) 0.9
Short Interest (Shares Short) 151,200

I suspect that this number is understated.

I have owned this company since it was a SPAC. Failed to redeem for cash. My position has been lent out by my broker for a very long time.
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Enterprising Investor Enterprising Investor 3 months ago
Alternus Sheds $100 Million of Debt and Payables, Improves Shareholder Equity Position By Circa $45 Million From Disposal Of Certain Subsidiaries (10/08/24)

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. Solis accounted for 98% of group revenues for the six months ended June 30, 2024. Alternus will record the sale as discontinued activities as it has no business activities in Romania.

Vincent Browne, Chief Executive Officer of Alternus, stated: "The sale of Solis aligns with our on-going activities to significantly reduce debt and strengthen our balance sheet as we reposition the business from an exclusive focus on utility scale solar to that of a more comprehensive energy provider going forward. Our recent announcement of binding terms to establish a joint venture with Hover Energy to deliver state-of-the-art clean energy microgrids, is the first such example of entering additional exciting high-value complementary segments to our existing utility activities."

"We are also at advanced discussions in acquiring battery storage capabilities and customer base to strengthen both our utility and microgrid businesses and are targeting additional joint ventures and investments in other energy segments that are accretive to the group both operationally and financially in the short and long term and supporting our wider energy provision growth strategy."

About Alternus Clean Energy Inc.

Alternus is a transatlantic clean energy independent power producer. Headquartered in the United States, we currently develop, install, own, and operate utility scale solar parks in North America and Europe. Our highly motivated and dynamic team at Alternus have achieved rapid growth in recent years. Building on this, our goal is to reach 3GW of operating projects within five years through continued organic development activities and targeted strategic opportunities. Our vision is to become a leading provider of 24/7 clean energy delivering a sustainable future of renewable power with people and planet in harmony.

https://www.newsfilecorp.com/release/225974/Alternus-Sheds-100-Million-of-Debt-and-Payables-Improves-Shareholder-Equity-Position-By-Circa-45-Million-From-Disposal-Of-Certain-Subsidiaries
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glenn1919 glenn1919 3 months ago
ALCE.................................https://stockcharts.com/h-sc/ui?s=ALCE&p=W&b=5&g=0&id=p86431144783
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Awl416 Awl416 3 months ago
Yikes
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Monksdream Monksdream 5 months ago
ALCE new 52 week low
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Awl416 Awl416 8 months ago
Alternus Clean Energy set to Acquire Over 80 MWp of Operating Solar PV across eight states in the U.S.
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Lilman72003 Lilman72003 10 months ago
Cashed out 7s

EZ $$$$
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TheFinalCD TheFinalCD 10 months ago
$SELX= $$ + $ALCE CHART RECOVERY STARTING SAME WAY

https://finviz.com/quote.ashx?t=ALCE&ty=c&ta=1&p=d

https://stockcharts.com/sc3/ui/?s=ALCE

AND LOW LOW DILUTION RISK
https://dilutiontracker.com/app/search/ALCE?a=dbb88c
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Lilman72003 Lilman72003 10 months ago
Turned my .3s into .6s

Hold this L
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Lilman72003 Lilman72003 10 months ago
bulls are now in control.
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Lilman72003 Lilman72003 11 months ago
I nailed it once again. Get wrecked shorty
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Disquisition Disquisition 11 months ago
See you at 10 cents
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Lilman72003 Lilman72003 11 months ago
We doing this again?

This subject will also be on the final exam lol just like $wrnt
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Monksdream Monksdream 11 months ago
ALCE new 52 week low
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Disquisition Disquisition 11 months ago
UNMITIGATED DUMPING
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