---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-005167"
form_type: "8-K"
ticker: "ALCE"
cik: "0001883984"
company_name: "Alternus Clean Energy, Inc."
filed_at: "2024-01-22T23:59:59+00:00"
generated_at: "2026-06-06T20:48:04.464572+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Alternus Clean Energy subsidiary completes sale of 88.5 MW Polish solar portfolio for €54.4M

## Summary
- Sold 100% of six SPVs holding 88.5 MW solar farms in Poland to Donau Investment SARL.
- Total consideration of €54.4M (~$59.1M) includes purchase price and shareholder loan repayment.
- Proceeds used to pay down Solis Bond debt; expects net gain to improve balance sheet equity.
- Sale part of strategic review to reduce high-yield debt and improve debt/EBITDA ratios.

## SEC filing metadata
- accession: 0001213900-24-005167
- form_type: 8-K
- ticker: ALCE
- cik: 0001883984
- company_name: Alternus Clean Energy, Inc.
- filed_at: 2024-01-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883984/000121390024005167/0001213900-24-005167-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883984/000121390024005167/ea191824-8k_alternus.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-005167
- JSON: https://secwatch.observer/filing/0001213900-24-005167.json
- Plain text: https://secwatch.observer/filing/0001213900-24-005167.txt

## Key facts
- Material Agreements
  Alternus Clean Energy, Inc. entered into Final Share Purchase Agreement with Donau Investment SARL valued at approximately €54.4 million (approximately $59.1 million) (effective 2024-01-19).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Donau Investment SARL
  - Value: approximately €54.4 million (approximately $59.1 million)
  - Effective: 2024-01-19
  source text: On January 19, 2024, Solis Bond Company Designated Activity Company (“ Solis ”), a company incorporated under the laws of Ireland and indirect wholly owned subsidiary of Alternus Clean Energy, Inc. (the “ Company ”) entered into a Final Share Purchase Agreement (the “ Final SPA ”) by and between Solis and Donau Investment SARL, a private limited liability company formed under the laws of Luxembourg (“ Donau ,” and together with Solis, the “ Parties ”), pursuant to the Preliminary Share Purchase Agreement (the “ Preliminary SPA ,” and together with the Final SPA, the “ Poland SPA ”) previously entered into on December 22, 2023, by and between the Parties and previously disclosed on the Euronext Growth Oslo stock exchange (the “ Euronext ”) on December 22, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883984/000121390024005167/0001213900-24-005167-index.htm

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