Company: ALCE
Filing Date: 2025-01-27
Form Type: S-1
Source: 0001213900-25-007054
Chunk: 228

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-01-27
Form: S-1
Chunk 228
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|                                   |                         | -in thousands           |        |     |   |        |
| Country Renewable Programs        |                         | $                       |  2,972 |     | $ |  2,885 |
| Green Certificates                |                         |                         | 10,548 |     |   |  9,409 |
| Energy Offtake Agreements         |                         |                         |  6,560 |     |   |  4,795 |
| Other Revenue                     |                         |                         |      4 |     |   |      - |
| Total for continuing operations   |                         | $                       | 20,084 |     | $ | 17,089 |
| Discontinued Operations:          |                         |                         |        |     |   |        |
| Country Renewable Programs        |                         | $                       |  5,499 |     | $ |  6,994 |
| Guarantees of Origin              |                         |                         |    129 |     |   |     44 |
| Energy Offtake Agreements         |                         |                         |  4,805 |     |   |  5,267 |
| Total for discontinued operations |                         | $                       | 10,433 |     | $ | 12,305 |
| Total for the period              |                         | $                       | 30,517 |     | $ | 29,394 |

One customer represented %
of continuing operational revenues during the year ended December 31, 2023 compared to two customers that represented % for the year
ended December 31, 2022. The revenues from these customers accounted for $ million and $ million of revenue for the year ended
December 31, 2023 and 2022 respectively.

Two customers represented %
of the discontinued operational revenues during the year ended December 31, 2023 compared to two customers that represented % for the
year ended December 31, 2022. The revenues from these customers accounted for $ million and $ million of revenue for the year
ended December 31, 2023 and 2022 respectively.

Three customers represented
% of the Company’s continuing operational accounts receivable for the year ended December 31, 2023. One customer represented
% of the Company’s discontinued operational accounts receivable for the year ended December 31, 2023. The company did not have
any customers who represented more than 10% of accounts receivable for the