ALCE

Alternus Clean Energy
ALCE

$0.2010

3.83%

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.

Utilities Electric & Other Services Combined

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

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

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Research analyst outlook

We haven’t received any recent analyst ratings for ALCE.

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Financial journalist opinion

Based on 3 articles about ALCE published over the past 30 days

Alternus Clean Energy and Partner Hover Energy Accelerating Pace of Installations with Contracts Completed for Additional Units Valued Between $3m- $4m

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.

Alternus Clean Energy and Partner Hover Energy Accelerating Pace of Installations with Contracts Completed for Additional Units Valued Between $3m- $4m

Alternus Clean Energy Reports Financial Results for Three and Six Months Ended June 30, 2024

Debt reduced by $80 million(40%) during H1 Additional market focus in microgrids Fort Mill, South Carolina--(Newsfile Corp. - August 27, 2024) - International Renewable Independent Power Producer (IPP) Alternus Clean Energy Inc. (NASDAQ: ALCE) (OTC Pink: ACLEW) (the "Company" or "Alternus") recently announced its unaudited financial results for the three and six months ended June 30, 2024 and additionally restated results for its first quarter, 2024. Highights For the Three Months Ended June 30, 2024 Operating assets generated over 18GW hours of clean energy delivered to local power grids.

Alternus Clean Energy Reports Financial Results for Three and Six Months Ended June 30, 2024

ALCE Stock Earnings: Alternus Clean Energy Reported Results for Q2 2024

Alternus Clean Energy (NASDAQ: ALCE ) just reported results for the second quarter of 2024. Alternus Clean Energy reported earnings per share of -10 cents.

ALCE Stock Earnings: Alternus Clean Energy Reported Results for Q2 2024

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Alternus Clean Energy and Hover Energy Announce Exciting New Joint Venture to Deliver Next Generation Microgrid Solutions to Data Centers and Corporate Customers

Microgrid Market forecast to reach over $100 Billion by 2032 Fort Mill, South Carolina--(Newsfile Corp. - August 8, 2024) - Alternus Clean Energy (Nasdaq: ALCE) ("Alternus"), a transatlantic independent clean energy producer, and Hover Energy ("Hover"), a leading international microgrid solutions provider, are proud to announce the launch of a new joint venture company, specifically formed to help data centers and other commercial and industrial customers achieve net zero carbon emissions. The joint venture strategically leverages the strengths of both Alternus and Hover, including Hover Energy's valuable microgrid patented portfolio covering wind generators and energy control systems, combined with Alternus' experience in solar and project finance, development and acquisition.

Alternus Clean Energy and Hover Energy Announce Exciting New Joint Venture to Deliver Next Generation Microgrid Solutions to Data Centers and Corporate Customers

Alternus Clean Energy Partners with B2i Digital to Execute a Comprehensive Investor Communication and Education Initiative

Fort Mill, South Carolina--(Newsfile Corp. - May 16, 2024) - Alternus Clean Energy, Inc. (NASDAQ: ALCE), a leading utility-scale transatlantic, clean energy independent power producer (IPP), announced it has engaged B2i Digital to conduct an investor engagement, education and awareness program. B2i Digital will leverage its targeted marketing expertise to increase awareness of Alternus' unique position in the renewable energy sector and its potential for growth among the investment community.

Alternus Clean Energy Partners with B2i Digital to Execute a Comprehensive Investor Communication and Education Initiative

Alternus Clean Energy set to Acquire Over 80 MWp of Operating Solar PV across eight states in the U.S.

Alternus Clean Energy set to Acquire Over 80 MWp of Operating Solar PV across eight states in the US. On completion will be immediately EBITDA accretive

Alternus Clean Energy set to Acquire Over 80 MWp of Operating Solar PV across eight states in the U.S.

Alternus Clean Energy, Inc. Announces Closing of $2.16 Million Private Placement of Convertible Notes and Warrants

FORT MILL, S.C., April 22, 2024 (GLOBE NEWSWIRE) -- Utility-scale transatlantic clean energy independent power producer Alternus Clean Energy, Inc. (NASDAQ: ALCE) (“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”).

Alternus Clean Energy, Inc. Announces Closing of $2.16 Million Private Placement of Convertible Notes and Warrants

Alternus Clean Energy, Inc. Reports FY 2023 Financial Results

• Revenue up by 17.5% YoY • Gross profit up by 25% YoY FORT MILL, S.C., April 15, 2024 (GLOBE NEWSWIRE) -- Utility-scale transatlantic clean energy independent power producer Alternus Clean Energy, Inc. (NASDAQ: ALCE) (“Alternus” or the “Company”) today announced its audited financial results for the full year 2023 under US GAAP format.

Alternus Clean Energy, Inc. Reports FY 2023 Financial Results

Alternus Clean Energy and Acadia Energy Announce JV to Develop 200 MW of Microgrid Projects in New York State

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

Alternus Clean Energy and Acadia Energy Announce JV to Develop 200 MW of Microgrid Projects in New York State

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