secwatch.observer — SEC 8-K summary
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Issuer:     Alternus Clean Energy, Inc. (ALCE)
CIK:        0001883984
Form:       8-K
Filed at:   2024-01-17T23:59:59+00:00
Accession:  0001213900-24-003818
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alternus Clean Energy subsidiary signs definitive agreement to sell 11.8 MW solar park in Netherlands for €9.7M
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- Solis Bond Company (ALCE subsidiary) to sell 100% of Zonnepark Rilland B.V. to Theia Investment (Netherlands) 1 B.V.
- Purchase price approx. €9.7M ($10.5M), subject to adjustments, plus repayment of shareholder loans.
- Sale includes 11.8 MW solar farm in Rilland, Netherlands; proceeds to pay down Solis Bond.
- Closing expected no later than Feb 28, 2024, subject to customary conditions precedent.
- EY acted as sole financial advisor to Alternus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1883984/000121390024003818/0001213900-24-003818-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1883984/000121390024003818/ea191681-8k_alternus.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-003818

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