Alternus Clean Energy forms JV with Hover Energy for microgrid solutions

Alternus Clean Energy, Inc.

JV will focus on microgrid projects for data centers and C&I customers; Alternus owns 51%, Hover 49%.
Alternus to issue 5M restricted shares initially, plus 3.5M at closing and up to 2.5M more based on share price.
JV pipeline includes 35+ microgrid projects totaling over 60 MW capacity in US, UK, and Ireland.
Microgrid market valued at $17.8B in 2023, projected to exceed $100B by 2032 (20.5% CAGR).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.