Company: ALCE
Filing Date: 2025-01-27
Form Type: S-1
Source: 0001213900-25-007054
Chunk: 13

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-01-27
Form: S-1
Chunk 13
---
IPO”                                             
 means the initial public offering of Clean Earth; |

| ● | “IPP”                                                                                                                                       
 means independent power producer and refer to our business where we own and operate solar parks and derive revenue from selling electricity 
 to the power grid;                                                                                                                          |

| ● | “kWh”                   
 means kilowatt hour(s); |

| ● | “Meteora Entities”                                                                                                               
 means collectively, Meteora Capital Partners, LP, Meteora Select Trading Opportunities Master, LP and Meteora Strategic Capital, 
 LLC.                                                                                                                             |

| ● | “MWh”                   
 means megawatt hour(s); |

| ● | “MWp”                
 means megawatt peak; |

| ● | “O&M”                                                                                      
 means operations and maintenance services provided for commercially operating solar parks; |

| ● | “Private Units”                                                                                                                  
 means the 890,000 private units (on a pre-reverse-split basis) purchased from Clean Earth by the Sponsor in connection with      
 the closing of the IPO at a -price of $10.00 per private unit (on a pre-reverse-split basis), for an aggregate purchase price of 
 $8,900,000 (on a pre reverse-split basis). Each private unit consists of one share of common stock and one-half of one warrant;  |

| ● | “Public Units”                                                             
 means the 23,000,000 units (on a pre-reverse-split basis) sold in the IPO; |

vii

| ● | “Public Warrants”                                                                                                                
 means the warrants included in the Public Units sold in the IPO, each of which is exercisable for one share of our common stock, 
 in accordance with its terms;                                                                                                    |

| ● | “PV”                
 means photovoltaic; |

| ● | “RON”                                
 means the legal currency of Romania; |

| ● | “Industrial”                             
 (whether capitalized or not) = <1000 kW; |

| ● | “Solis”                                                                                                                             
 means Solis Bond Company DAC, a company incorporated under the laws of Ireland and indirect wholly owned subsidiary of the Company; |

| ● | “Solis Bond”                                                                                                                  
 means the 3-year senior secured green bonds which were issued by Solis in January 2021, in the maximum amount of $242 million 
 (€200 million) with a stated coupon rate of 6.5% + EURIBOR and quarterly interest payments;                                   |

| ● | “S