Category: Press Releases

Increases Total Installed Capacity by 40% to Over 40 MW New York, NY – July 31, 2019 – Globe Newswire — Alternus Energy Inc. (OTC: ALTN) (the “Company” or “Alternus”), a global renewable energy company, today announced the planned acquisition of Zonepark Rilland B.V. and its 11.75 MW ground-mounted solar photovoltaic (PV) power plant in…

Master Operations and Maintenance Agreement to Cover All Alternus Energy Solar Projects in Germany, Italy, Romania and Netherlands   New York, NY, June 6, 2019 – Globe Newswire — Alternus Energy Inc. (OTC: ALTN) (the “Company” or “Alternus”), a global renewable energy company, signed a Master Operations and Maintenance (O&M) agreement with BayWa r.e. (“BayWa”).…

Improving Capital Markets Positioning Robust Pipeline of Accretive Acquisitions Expect Over 100% Revenue and EBITDA Growth in 2019 Based on Current and Planned Solar Park Operations   New York, NY – May 30, 2019 – Globe Newswire — Alternus Energy Inc. (OTC: ALTN) (the “Company” or “Alternus”), a global renewable energy company, today announced the…

Gross Margin Improved Due to Better Revenue Mix Lower Revenue Due to Closure of Low Margin Segment in Romania Recent Addition of Assets not yet Reflected in Revenue NEW YORK, May 23, 2019 – GlobeNewswire – Alternus Energy Inc. (OTC: ALTN,) a global renewable energy company, today announced its financial results for the quarter ended…

Acquiring 7 Operating Solar Plants bringing Total Installed Capacity to 29.1 MWs of Owned Solar Projects   New York, NY – May 15, 2019 – Globe Newswire — Alternus Energy Inc. (OTC: ALTN) (the “Company” or “Alternus”), a global renewable energy company, today announced a total acquisition that will consist of 7 operating photovoltaic plants…

Completes First Step in Process to Become SEC Reporting    New York, NY, May 01, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Alternus Energy Inc. (OTC: ALTN) (the “Company”, “Alternus Energy” or “Alternus”), a global renewable energy company, today announced that its 2016 and 2017 annual financial audits have been completed. Marcum LLP issued an opinion on…

24 MWs of Owned Solar Projects at 85% Average Plant EBITDA Margins   New York, NY, April 15, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Alternus Energy Inc. (OTC: ALTN) (the “Company” or “Alternus”), a global renewable energy company, today announced the Company’s financial results for the year ended December 31, 2018. Key Financial Highlights…

The Additional 2.24MW Acquired More than Triples ALTN’s Italian Footprint   New York, NY, Jan. 14, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Alternus Energy Inc. (OTCMKTS: ALTN), a global renewable energy company, today announced that its wholly owned subsidiary, PC_Italia_02 S.r.l., recently completed the previously announced acquisition of 3 Italian solar PV parks from Liquid…

NEW YORK, NY, Jan. 07, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Alternus Energy Inc. (OTC: ALTN), a global renewable energy company, recently announced its financial results for the quarter and nine months ended September 30, 2018. Financial Highlights for the 3-months ended September 30, 2018 Revenue for the quarter was $887,041, a 35% increase…