Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 947

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 1C
Chunk 947
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    Total for the period 
    $5,803  
    $10,669 

    Energy Offtake Agreements (PPA) 

    Europe 
    $-  
    $962 
  
    Europe – Discontinued Operations 
     3,638  
     10,403 
  
    Total for the period 
    $3,638  
    $11,365 

    Guarantees of Origin 

    Europe – Discontinued Operations 
    $-  
    $129 
  
    Total for the period 
    $-  
    $129 

    Other Revenue 

    Europe – Discontinued Operations 
     34  
     4 
  
    Total for the period 
    $34  
    $4 

    Year Ended December 31, 
  
    EBITDA by Segment 
    2024  
    2023 

    (in thousands) 
  
    Europe 
    $(3,347) 
    $(3,824)
  
    Europe – Discontinued Operations 
     5,485  
     10,698 
  
    United States 
     (8,454) 
     (4,560)
  
    Total for the period 
    $(6,316) 
    $2,314 

F-50

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

    Year Ended December 31, 
  
    EBITDA Reconciliation to Net Income/(Loss) 
    2024  
    2023 

    (in thousands) 
  
    Europe 

    EBITDA 
    $(3,347) 
    $(3,824)
  
    Depreciation, amortization, and accretion 
     (21) 
     (1,616)
  
    Interest expense 
     (3,953) 
     (3,745)
  
    Impairment of Spanish assets 
     (3,263) 
     - 
  
    Net Loss 
    $(10,584) 
    $(9,185)

    Europe – Discontinued Operations 

    EBITDA 
    $5,485  
    $10,698 
  
    Depreciation, amortization, and accretion 
     (1,691) 
     (4,946)
  
    Interest expense 
     (