Company: ALCE
Filing Date: 2025-01-27
Form Type: S-1
Source: 0001213900-25-007054
Chunk: 256

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-01-27
Form: S-1
Chunk 256
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loss) per share attributable to common stockholders, diluted         |        |                         |       0.00 |   |     |   |       0.00 |   |
| Weighted-average common stock outstanding, basic                                 |        |                         | 57,862,598 |   |     |   | 57,500,000 |   |
| Weighted-average common stock outstanding, diluted                               |        |                         | 57,862,598 |   |     |   | 57,500,000 |   |

Immediately before the classification
of the disposal groups as discontinued operations, the recoverable amount was estimated for certain items of property, plant and equipment
and impairment loss was identified. Following the classification, a write-down of ($) million was recognized on December 31, 2023
to reduce the carrying amount of the assets in the disposal group to their fair value less costs to sell. This was recognized in discontinued
operations in the statement of profit or loss. Fair value measurement disclosures are provided in Footnote 5.

F-33

| Netherlands                                 
 Assets:                                     |     | As of December 31, 
 2023               
 (in thousands)     |        |     | 2022 |        |
|:--------------------------------------------|:----|:-------------------|-------:|:----|:-----|-------:|
| Cash & cash equivalents                     |     | $                  |    155 |     | $    |     13 |
| Accounts receivable, net                    |     |                    |     99 |     |      |    487 |
| Other current assets                        |     |                    |     58 |     |      |     82 |
| Property, plant, and equipment, net         |     |                    |  7,845 |     |      |  7,984 |
| Operating leases, non-current – assets      |     |                    |  1,469 |     |      |  1,438 |
| Other non-current assets                    |     |                    |  1,214 |     |      |  1,176 |
| Total assets held for sale                  |     | $                  | 10,840 |     | $    | 11,180 |
| Liabilities:                                |     |                    |        |     |      |        |
| Accounts payable                            |     | $                  |    925 |     | $    |     23 |
| Operating leases,