Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 40

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 1
Chunk 40
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 any Irish court at the time the lawsuit was instituted in the U.S. court

The Company conducts
its business operations globally and is subject to global and local risks related to economic, regulatory, tax, social and political uncertainties.

The Company conducts
its business operations in many regions. The Company’s business is therefore subject to diverse and constantly changing economic,
regulatory, tax, social, and political conditions. Changes in the legislative, political, governmental, and economic framework in the
regions in which the Company carries on business could have a material impact on its business. In particular, changing laws and policies
affecting trade, investment and changes in tax regulations could have a material adverse effect on the Company’s revenues, profitability,
cash flows and financial condition. Any new government regulations pertaining to the Company’s business or solar parks may result
in significant additional expenses. Moreover, as the Company enters new markets in different jurisdictions, it will face different regulatory
regimes, business practices, governmental requirements and industry conditions. To the extent that the Company’s business operations
are affected by unexpected and adverse economic, regulatory, social or political conditions in the jurisdictions in which the Company
has operations, it may experience project disruptions, loss of assets and personnel, and other indirect losses that could adversely affect
its business, financial condition and results of operations. Geopolitical trends toward protectionism and nationalism and the dissolution
or weakening of international trade pacts may increase the cost of, or otherwise interfere with, the Company’s conduct of business.
Uncertainty about current and future economic and political conditions that affect the Company, its customers and partners make it difficult
for the Company to forecast operating results and to make decisions about future investments.

25

The current invasion
of Ukraine by Russia has escalated tensions among the U.S., the North Atlantic Treaty Organization (“NATO”) and Russia.
The U.S. and other NATO member states, as well as non-member states, have announced new sanctions against Russia and certain Russian banks,
enterprises and individuals. These and any future additional sanctions and any resulting conflict between Russia, the U.S. and NATO countries
could have an adverse impact on our current operations.

Further, such invasion,
ongoing military conflict, resulting sanctions and related countermeasures by NATO states, the U.S. and other countries are likely to
lead to market disruptions, including significant volatility in commodity prices, credit and capital markets, as well as supply chain
interruptions for equipment, which could have an adverse impact on our operations and