Company: ALCE
Filing Date: 2025-01-27
Form Type: S-1
Source: 0001213900-25-007054
Chunk: 14

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-01-27
Form: S-1
Chunk 14
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ponsor”                                                                         
 means Clean Earth Acquisitions Sponsor LLC, a Delaware limited liability company; |

| ● | “Subsidiary”                                                                                                                       
 means, with respect to a person, a corporation or other entity of which more than 50% of the voting power of the equity securities 
 or equity interests is owned, directly or indirectly, by such person;                                                              |

| ● | “Transactions”                                                                                                               
 means, collectively, the business combination and the other transactions contemplated by the Business Combination Agreement; |

| ● | “Utility-scale”                                              
 (whether capitalized or not) = >1000 kW, ground-mounted; and |

| ● | “watt”                                                                               
 or “W” mean the measurement of total electrical power, where “kilowatt” or “kW”      
 means one thousand watts, “megawatts” or “MW” means one million watts and “gigawatt” 
 or “GW” means one billion watts.                                                     |

viii PROSPECTUS SUMMARY This summary highlights some information contained elsewhere in this prospectus, and it may not contain all of the information important to making an investment decision. Therefore, before investing in our securities, you should carefully read this entire prospectus, including our consolidated financial statements and the related notes thereto and the information set forth in the sections titled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Unless otherwise indicated or the context otherwise requires, references in this prospectus to the “company,” “we,” “us,” “our,” “Alternus,” and other similar terms refer to Alternus Clean Energy, Inc., formerly known as Clean Earth Acquisitions Corp., and where appropriate, our wholly owned subsidiaries. Unless the context specifically requires otherwise, all historical share and per-share amounts reflected in our consolidated financial statements and other financial information incorporated by reference in this prospectus are presented to reflect a 1-for-25 reverse stock split of our common stock which became effective for legal and accounting purposes on October 11, 2024 as if such split occurred as of the earliest period presented. The Company Overview The Company was incorporated on May 14, 2021 under the laws of Delaware and currently has 19 employees; 10 employees are located Dublin, Ireland, 2 are located at the Company’s headquarters located in New York, NY, 4 remote employees in the US and 3 are located in Europe. Our employees perform various services such as business development, finance and management functions.