Company: ALCE
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001213900-25-105077
Chunk: 217

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 217
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    Revenue by Country 
    2025  
    2024  
    Change  ($)  
    Change (%) 

    (in thousands) 
  
    United States 
     -  
     187  
     (187) 
     (100)%
  
    Total for continuing operations 
    $-  
    $187  
    $(187) 
     (100)%

    Discontinued Operations: 

    Netherlands 
    $-  
    $16  
    $(16) 
     (100)%
  
    Poland 
     -  
     106  
     (106) 
     (100)%
  
    Romania 
     -  
     5,839  
     (5,839) 
     (100)%
  
    Total for discontinued operations 
    $-  
    $5,961  
    $(6,118) 
     (100)%
  
    Total for the period 
    $-  
    $5,961  
    $(6,118) 
     (100)%

Revenue for continuing operations decreased by
$.01 million and $0.2 million for the three and six months, respectively, ended June 30, 2025 compared to the same period in 2024, as
there was only one country producing revenue in 2024 (Lightwave parks) compared to no operating parks owned by the Company in 2025.

44

Revenue for discontinued operations decreased
by $3.8 million and $6.0 million for the three and six months, respectively, ended June 30, 2025 compared to the same period in 2024,
as all operating parks in Poland, the Netherlands, and Romania were sold on January 19, 2024, February 21, 2024 and October 3, 2024, respectively.
Refer to Footnote 14 for additional sale information.  

    Three Months Ended June 30, 
  
    Revenue by Offtake Type 
    2025  
    2024  
    Change  ($)  
    Change (%) 

    (in thousands) 
  
    Energy Offtake Agreements (PPA) 
    $-  
    $93  
    $(93) 
     (100)%
  
    Total for continuing operations 
    $-  
    $93