Alternus Clean EnergyALCE
Market Cap: $17.5M
About: Alternus Clean Energy Inc is an international independent clean energy producer. It develops, installs, owns and operates a diverse portfolio of utility-scale solar photovoltaic power stations (PV parks) in Europe and the USA as a long-term owner. The solar parks benefit from long-term government offtake contracts and/or Power Purchase Agreements (PPAs) with investment grade off-takers, plus energy sales to local power grids. It has approximately 8 operating parks, a total of 44 MWp in operation.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
0.32% less ownership
Funds ownership: 4.08% [Q1] → 3.76% (-0.32%) [Q2]
11% less funds holding
Funds holding: 19 [Q1] → 17 (-2) [Q2]
19% less capital invested
Capital invested by funds: $1.39M [Q1] → $1.13M (-$262K) [Q2]
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Research analyst outlook
We haven’t received any recent analyst ratings for ALCE.
Financial journalist opinion
Based on 3 articles about ALCE published over the past 30 days