Company: ALCE
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001213900-25-105077
Chunk: 322

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 2
Chunk 322
---
 to 3i, LP., and other senior or pari passu Indebtedness (as defined
in the Purchase Agreement) of the Company.

On June 6, 2025, the Company entered into a Note
Purchase Agreement (the “Purchase Agreement”), by and between the Company and an institutional investor (the “Investor”),
pursuant to which the Company agreed to issue to the Investor a promissory note in the aggregate total principal amount of $240,000, having
a 16.67% original issue discount, an interest rate of 12% per annum and a maturity date of December 31, 2025 (the “Note”).
Pursuant to the Purchase Agreement, with the closing of the private placement of the Note, the Company received gross proceeds of $200,000,
before fees and other expenses associated with the transaction.

56

Cash Flow Discussion

The Company uses traditional measures of cash
flows, including net cash flows from operating activities, investing activities and financing activities to evaluate its periodic cash
flow results.

For the Six Months Ended June 30, 2025 compared to June 30, 2024

The following table reflects the changes in cash
flows for the comparative periods:

    Six Months Ended  June 30, 

    2025  
    2024  
    Change  ($) 

    (in thousands) 
  
    Net cash provided by/(used in) operating activities 
     (1,848) 
     (2,420) 
     572 
  
    Net cash provided by/(used in) operating activities – Discontinued Operations 
     -  
     (6,531) 
     6,531 

    Net cash provided by/(used in) investing activities 
     -  
     (4,860) 
     4,860 
  
    Net cash provided by/(used in) investing activities – Discontinued Operations 
     -  
     66,908  
     (66,908)

    Net cash provided by/(used in) financing activities 
     1,695  
     4,204  
     (2,509)
  
    Net cash provided by/(used in) financing activities – Discontinued Operations 
     -  
     (80,495) 
     80,495 

    Effect of exchange rate on cash 
     2