Author: pcloudshost

Pro-Active Investors – April 22nd 2021 – Swan will join top management, filling a “critical and strategic role” in supporting the company’s goal of becoming “one of the largest pan-European solar operators by 2030” Alternus Energy Group PLC (NOTC:ALT) named industry veteran Gary Swan as its chief technical officer, as the fast-growing independent power producer…

The Irish Times, April 16th 2021 -Dublin-based company is expecting five-fold increase in run-rate revenues to over €22m Alternus, a Dublin-headquartered green energy provider, has raised NOK91 million (€9 million) in funding through the issuance of convertible notes. The funding has been led by AVG Group, a Nordics-focused Luxembourg-based asset manager which provided €8 million…

  Pro-Active Investors – April 16th 2021 – Alternus Energy Group PLC (NOTC:ALT) CEO Vincent Browne tells Proactive the European independent power producer is set to see a nearly tenfold increase in its power capacity by the end of 2023. Browne says it has agreed terms to acquire over 1.2 GWp of additional solar PV…

Pro-Active Investors – April 12th 2021 – In addition to funding, Alternus said its new financing partner AVG will help supply it with the “latest technologies” coming from Norway and the Nordic countries Alternus Energy Group PLC (NOTC:ALT), the fast-growing pan-European independent power producer, announced the recent issuance of €9 million convertible notes lead by…

Pro-Active Investors – April 9th 2021 – The European independent power producer said that if all of its current projects reach commercial operation, its total asset base will generate around €85 million in annual recurring revenues Alternus Energy Group PLC (NOTC:ALT) is set to see a nearly tenfold increase in its power capacity by the end…

Pro-Active Investors – March 25th 2021 – By completing the acquisition of two additional solar parks in Romania from Renesola Power, Alternus has ramped up its power generation capacity by 55% Alternus Energy Group PLC (NOTC:ALT), the fast-growing pan-European independent power producer, has announced the completion of the acquisition of two additional solar parks in…

The Irish Times – March 12th 2021 – Green energy provider projects five-fold increase in run-rate revenues to over €22m Alternus, a Dublin-headquartered green energy provider that recently registered its shares on the Euronext NOTC market in Oslo, is expecting revenues to increase five-fold this year on completion of a number of deals. The company, which…

Pro-Active Investors – March 10th 2021 – The fast-growing international independent power producer saw its full-year revenues increase by 77% year-on-year to €4.1 million in 2020, while its EBITDA increased to €2.6 million Alternus Energy Group PLC (NOTC:ALT) has reported a turn to positive EBITDA and strong revenue growth in its financial results for the year ended December 31, 2020…

Pro-Active Investors – March 4th 2021    Alternus Energy Group PLC (NOTC:ALT) CEO Vincent Browne talks to Proactive about how the green energy provider has grown in four years from being a small Romania-based operator of two solar parks with 6 MWp to becoming a pan-European independent power producer with 25 solar photovoltaic (PV) parks…

Pro-Active Investors – March 3rd 2021 – CEO Vincent Browne said “solar is now one of the most cost-effective of all renewables,” with the lowest cost of energy over the lifetime of a generating plant with the possible exception of onshore wind. Green energy is finally going mainstream, providing predictable long-term returns, with wind and…

Pro-Active Investors – February 18th 2021 – This acquisition is the first of four parks being purchased from the same Italian seller and the company is in the process of completing the other three parks, expected in Q1 2021 Alternus Energy Group PLC (NOTC:ALT) has announced the acquisition of KKSOL S.r.l and its 557 kWp operational rooftop…