Company: ALCE
Filing Date: 2025-06-30
Form Type: 10-Q
Source: 0001213900-25-059349
Chunk: 43

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-30
Form: 10-Q
Item: Part I, Item 1
Chunk 43
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    Total for Europe – Continuing Operations 
    $18,910  
    $21,007 

    United States – Continuing Operations 

    Debt 
    $9,591  
    $9,598 
  
    Other Liabilities 
     12,240  
     11,007 
  
    Total for United States – Continuing Operations 
    $21,831  
    $20,605 

    Three Months Ended March 31, 
  
    Revenue by Product Type 
    2025  
    2024 

    (in thousands) 
  
    Country Renewable Programs (FIT) 

    Europe 
    $         -  
    $29 
  
    US 
     -  
     93 
  
    Total for the period 
    $-  
    $122 

    Green Certificates (FIT) 

    Europe 
    $-  
    $1,575 
  
    US 
     -  
     - 
  
    Total for the period 
    $-  
    $1,575 

    Energy Offtake Agreements (PPA) 

    Europe 
    $-  
    $605 
  
    United States 
     -  
     - 
  
    Total for the period 
    $-  
    $605 

27

    Three Months Ended March 31, 
  
    EBITDA by Segment 
    2025  
    2024 

    (in thousands) 
  
    Europe 
    $(426) 
    $(205)
  
    Europe – Discontinued Operations 
     -  
     312 
  
    US 
     (1,029) 
     (2,827)
  
    Total for the period 
    $(1,455) 
    $(2,720)

Below is a reconciliation of net income to EBITDA and adjusted EBITDA
for the periods presented:

    Three Months Ended March 31, 
  
    EBITDA Reconciliation to Net Loss 
    2025  
    2024 

    (in thousands) 
  
    Europe 

    EBITDA 
    $(426) 
    $(205)
  
    Depreciation, amortization, and accretion 
     -  
     (21)
  
    Interest expense 
     (354) 
     (