Alternus clean energy announces closing of $2.25 million private placement

New york, new york--(newsfile corp. - january 24, 2025) - alternus clean energy, inc. (nasdaq: alce) ("alce", "alternus" or the "company") a renewable energy company, today announced the closing of its previously announced private placement of $2.25 million pursuant to the terms of a securities purchase agreement, dated january 21, 2025, with several institutional investors (the "purchasers"). the offering was in the form of an unsecured 20% original issue discount promissory note (the "note"), resulting in proceeds (before expenses) to alternus of approximately $2.25 million (out of the total $2.81 million offering size).
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