Company: ALCE
Filing Date: 2025-01-27
Form Type: S-1
Source: 0001213900-25-007054
Chunk: 244

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-01-27
Form: S-1
Chunk 244
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 Operations and Comprehensive
Loss.

Capitalized Development Cost
consist of $ million of active development in the U.S. and $ million across Europe.

F-26 Other Receivables relates to, security deposits of $ 1.0million in relation to the Power Purchase Agreement for a development project in Tennessee and $ 483thousand related to the Forward Purchase Agreement.

| 11. | Accounts Payable |

|                  |     | Year Ended December 31, |  2023 |     |   |  2022 |
|:-----------------|:----|:------------------------|------:|:----|:--|------:|
|                  |     | -in thousands           |       |     |   |       |
| Accounts payable |     | $                       | 5,084 |     | $ | 1,138 |
| Total            |     | $                       | 5,084 |     | $ | 1,138 |

| 12. | Deferred Income |

|                                             |     | Activity |         |   |
|:--------------------------------------------|:----|:---------|--------:|:--|
| Deferred income – Balance January 1, 2022   |     | $        |   3,139 |   |
| Green certificates received                 |     |          |  10,729 |   |
| Green certificates sold                     |     |          |  (8,849 | ) |
| Foreign exchange gain/(loss)                |     |          |     (65 | ) |
| Deferred income – Balance December 1, 2022  |     | $        |   4,954 |   |
| Green certificates received                 |     |          |  10,663 |   |
| Green certificates sold                     |     |          | (10,169 | ) |
| Foreign exchange gain/(loss)                |     |          |     159 |   |
| Deferred income – Balance December 31, 2023 |     | $        |   5,607 |   |

| 13. | Accrued Liabilities |

|                                                 |     | Year Ended December 31, |   2023 |     |   |  2022 |
|:------------------------------------------------|:----|:------------------------|-------:|:----|:--|------:|
|                                                 |     | -in thousands           |        |     |   |       |
| Accrued legal                                   |     | $