---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-042329"
form_type: "8-K"
ticker: "ALCE"
cik: "0001883984"
company_name: "Alternus Clean Energy, Inc."
filed_at: "2025-05-13T23:59:59+00:00"
generated_at: "2026-05-21T18:40:56.720350+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Alternus sells Italian solar subsidiary MH02, cuts debt ~$22.6M, issues 10.66M shares

## Summary
- Sold entire share capital of MH02 (13 Italian solar subsidiaries) to OBN Real Estate (75.5%) and BVP Green Bond (24.5%).
- Total consideration includes assumption of ~$19M debt, $17M parent guarantee forbearance, and repurchase rights at min €150k/MW.
- Issued 10,660,000 shares of restricted common stock to the Minority Buyer (BVP Green Bond) as part of the transaction.
- Company expects to remove ~$22.6M in debt/costs, improving shareholders' equity by approximately $14.4M.
- Transaction closed on May 7, 2025; projects can be repurchased at fair market value once ready to build.

## SEC filing metadata
- accession: 0001213900-25-042329
- form_type: 8-K
- ticker: ALCE
- cik: 0001883984
- company_name: Alternus Clean Energy, Inc.
- filed_at: 2025-05-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883984/000121390025042329/0001213900-25-042329-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883984/000121390025042329/ea0241793-8k_alternus.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-042329
- JSON: https://secwatch.observer/filing/0001213900-25-042329.json
- Plain text: https://secwatch.observer/filing/0001213900-25-042329.txt

## Key facts
- M&A Transactions
  Alternus Clean Energy, Inc. completed a disposition involving OBN Real Estate Limited and BVP Green Bond 2018 Limited (closed 2025-05-07).
  - Action: disposition
  - Counterparty: OBN Real Estate Limited and BVP Green Bond 2018 Limited
  - Closing: 2025-05-07
  source text: On May 7, 2025, Alternus Clean Energy, Inc. (the “Company”) entered into a Share Purchase Agreement with its subsidiary, Alternus Europe Limited (the “Seller”), OBN Real Estate Limited (the “Majority Buyer”) and BVP Green Bond 2018 Limited (the “Minority Buyer”) (together the “Buyers”) for the sale of the entire issued share capital of AEG MH 02 Limited (“MH02”), including all of MH02’s subsidiaries:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883984/000121390025042329/0001213900-25-042329-index.htm

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