---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-099349"
form_type: "8-K"
ticker: "ALCE"
cik: "0001883984"
company_name: "Alternus Clean Energy, Inc."
filed_at: "2023-12-29T23:59:59+00:00"
generated_at: "2026-06-07T06:06:23.076090+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Alternus Clean Energy completes sale of Italian solar portfolio and signs agreement to sell Dutch solar park

## Summary
- Sold 13 Italian photovoltaic plants (10.5 MWp) for €17.7 million to Undo S.r.l.
- Expects net gain on sale to improve balance sheet equity and reduce high-yield debt.
- Signed definitive agreement to sell 13.6 MWp solar park at Rotterdam Airport to Theia for ~€2.84 million (expected Q1 2024).
- Net proceeds from both transactions will be used to pay down debt (Solis Bond).
- After sale, Alternus retains ~210 MW of late-stage development projects in Italy.

## SEC filing metadata
- accession: 0001213900-23-099349
- form_type: 8-K
- ticker: ALCE
- cik: 0001883984
- company_name: Alternus Clean Energy, Inc.
- filed_at: 2023-12-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883984/000121390023099349/0001213900-23-099349-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883984/000121390023099349/ea190853-8k_alternus.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-099349
- JSON: https://secwatch.observer/filing/0001213900-23-099349.json
- Plain text: https://secwatch.observer/filing/0001213900-23-099349.txt

## Key facts
- Material Agreements
  Alternus Clean Energy, Inc. entered into Italy SPA with Undo S.r.l. valued at approximately €17.70 million (approximately $19.65 million) (effective 2023-12-28).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Undo S.r.l.
  - Value: approximately €17.70 million (approximately $19.65 million)
  - Effective: 2023-12-28
  source text: Entry into Share Purchase Agreements On December 28, 2023, Solis Bond Company DAC (“ Solis ”), a company incorporated under the laws of Ireland and indirect wholly owned subsidiary of Alternus Clean Energy, Inc. (the “ Company ”) entered into a Share Purchase Agreement (the “ Italy SPA ”) by and among Solis and Undo S.r.l., a company incorporated under the laws of Italy (“ Undo ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883984/000121390023099349/0001213900-23-099349-index.htm
- Material Agreements
  Alternus Clean Energy, Inc. entered into RTHA SPA with Theia Investment (Netherlands) 1 B.V. valued at approximately €2.84 million (approximately $3.15 million) (effective 2023-12-28).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Theia Investment (Netherlands) 1 B.V.
  - Value: approximately €2.84 million (approximately $3.15 million)
  - Effective: 2023-12-28
  source text: Also on December 28, 2023, AEG JD 02 Limited (“ JD 02 ”), a private company limited by shares incorporated under the laws of Ireland and indirect wholly owned subsidiary of the Company, entered into a Share Purchase Agreement (the “ RTHA SPA ” and together with the Italy SPA, the “ SPAs ”) by and among JD 02 and Theia Investment (Netherlands) 1 B.V., a private limited liability company under the laws of the Netherlands (“ Theia ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883984/000121390023099349/0001213900-23-099349-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.