Company: ALCE
Filing Date: 2025-06-30
Form Type: 10-Q
Source: 0001213900-25-059349
Chunk: 161

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-30
Form: 10-Q
Item: Part I, Item 8
Chunk 161
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    US 
     -  
     - 
  
    Total for the period 
    $-  
    $1,575 

    Energy Offtake Agreements (PPA) 

    Europe 
    $-  
    $605 
  
    United States 
     -  
     - 
  
    Total for the period 
    $-  
    $605 

27

    Three Months Ended March 31, 
  
    EBITDA by Segment 
    2025  
    2024 

    (in thousands) 
  
    Europe 
    $(426) 
    $(205)
  
    Europe – Discontinued Operations 
     -  
     312 
  
    US 
     (1,029) 
     (2,827)
  
    Total for the period 
    $(1,455) 
    $(2,720)

Below is a reconciliation of net income to EBITDA and adjusted EBITDA
for the periods presented:

    Three Months Ended March 31, 
  
    EBITDA Reconciliation to Net Loss 
    2025  
    2024 

    (in thousands) 
  
    Europe 

    EBITDA 
    $(426) 
    $(205)
  
    Depreciation, amortization, and accretion 
     -  
     (21)
  
    Interest expense 
     (354) 
     (1,189)
  
    Gain on sale of Spanish subsidiaries 
     3,589  
     - 
  
    Net Loss 
    $2,809  
    $(1,415)

    Europe – Discontinued Operations 

    EBITDA 
     -  
    $312 
  
    Depreciation, amortization, and accretion 
     -  
     (677)
  
    Interest expense 
     -  
     (3,278)
  
    Gain on sale of discontinued operations, net asset 
     -  
     2,150 
  
    Net Loss 
    $-  
    $(1,493)

    US 

    EBITDA 
    $(1,029) 
    $(2,827)
  
    Depreciation, amortization, and accretion 
     (130) 
     (49)
  
    Interest expense 
     (1,835