Alternus clean energy announces termination of membership interest purchase and sales agreement (mipsa) for portfolio of solar parks

Fort mill, south carolina--(newsfile corp. - september 19, 2024) - alternus clean energy, inc. (nasdaq: alce) ("alternus" or the "company"), a leading utility-scale transatlantic, clean energy independent power producer (ipp), has terminated its mipsa with c2 taiyo fund i, llp to acquire approximately 80mwp solar installations across 8 u.s. states, originally announced on may 1, 2024, due to seller's failure to meet the required closing conditions and fundamental changes in the portfolio of assets planned to be acquired. alternus ceo vincent browne commented, "it is unfortunate that we cannot continue with this transaction as planned.
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