Dublin, 10 January 2021. Alternus Energy Group Plc (“Alternus” or the “Company”) is registered on the NOTC-list as of 11 January 2021 with ticker code “ALT”. The company has issued 23,742,702 shares each with a par value EUR 0.01, all of which are registered in the VPS with ISIN code IE00BLRPRP89. Based on the last issue price of EUR 1.98 (equivalent to NOK 20.946/share), the market capitalization is NOK 497,314,636. The company has entered into an agreement whereby it will be able to use the reporting system as from 11 January 2021.
Alternus Energy is a fast-growing international independent power producer (‘IPP’), headquartered in Ireland, with a focus on the midsized utility solar PV market. The Company owns and operates a diverse portfolio of utility scale solar PV parks that connect directly to national power grids on long-term government contracts (‘FiT’) and/or Power Purchase Agreements (PPA’s) with investment grade off-takers. Having started in 2016 with two parks and 6 MWp capacity, the current portfolio consists of 39 owned or contracted parks in Germany, Italy, Netherlands, Romania and Poland with in excess of 150MWp capacity. The Company works closely with both local and international specialist development partners that provide a constant pipeline of new projects, currently over 1.2GW, across Europe for acquisition by the Company. Alternus aims to own and operate over 2GW’s of solar parks by the end of 2025.
