Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 889

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 1C
Chunk 889
---
 for the
month. There is a true-up performed in June of the following year using actual power produced for the previous year multiplied by the
average EPEX price (average actual market price per KWh for the year) less the prepayment for the year. If the true-up calculation is
positive, The Offtaker settles with a payment to the Company. If the true-up is negative, the Company settles with a payment to Offtaker.

F-15

Disaggregated Revenues 

The following table shows
the Company’s revenues disaggregated by country and contract type:

    Year Ended December 31, 
  
    Revenue by Country 
    2024  
    2023 

    (in thousands) 
  
    Italy 
    $-  
    $3,360 
  
    United States 
     311  
     116 
  
    Total for continuing operations 
    $311  
    $3,476 

    Discontinued Operations: 

    Netherlands 
    $16  
    $2,840 
  
    Poland 
     106  
     7,593 
  
    Romania 
     9,687  
     16,608 
  
    Total for discontinued operations 
    $9,809  
    $27,041 
  
    Total for the period 
    $10,120  
    $30,517 

    Year Ended December 31, 
  
    Revenue by Offtake Type 
    2024  
    2023 

    (in thousands) 
  
    Country Renewable Programs 
    $311  
    $2,505 
  
    Energy Offtake Agreements 
     -  
     962 
  
    Total for continuing operations 
    $311  
    $3,467 

    Discontinued Operations: 

    Country Renewable Programs 
    $334  
    $5,966 
  
    Green Certificates 
     5,803  
     10,548 
  
    Guarantees of Origin 
     -  
     129 
  
    Energy Offtake Agreements 
     3,638  
     10,403 
  
    Other Revenue 
     34  
     4 
  
    Total for discontinued operations 
    $9,809  
    $27,050 
  
    Total for the period 
    $10,120  
    $