Company: ALCE
Filing Date: 2025-06-30
Form Type: 10-Q
Source: 0001213900-25-059349
Chunk: 245

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-30
Form: 10-Q
Item: Part I, Item 2
Chunk 245
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 occur and/or if the terms of financings or equity raises are not acceptable to the Company. Refer
to Footnote 2 of the accompanying financial statements.

The Company is currently working on several processes
to address the going concern issue. We are working with multiple global banks and funds to secure the necessary corporate and project
level financing to execute our transatlantic business plan and we have sold or otherwise discontinued operations in order to eliminate
significant amounts of debt and other obligations.

Competitive Strengths

The Company believes the following competitive
strengths have contributed and will continue to contribute to its success:

● Fully Integrated Clean Energy Provider
Model: 

We operate as a comprehensive energy provider,
managing the full renewable energy value chain across both utility scale and behind-the-meter microgrid markets. This “develop-to-own
or sell” strategy enables the Company to capture greater margin and retain control from early-stage development through to long-term
operations or strategic monetization, unlike peers focused solely on operational asset acquisitions.

● Experienced and Adaptive Management
Team:

The leadership team brings decades of collective
experience in capital markets, energy infrastructure, project development, and public company governance. Recent partnerships also bolster
technical and operational capabilities in areas such as microgrids, reinforcing the Company’s strategic direction.

● Capital-Efficient Growth Through
Project-Level Leverage:

Our approach emphasizes projects with minimal
to no owner equity requirements, particularly in the U.S. where tax equity (ITC) and long-term debt can fund up to 100% of project costs.
This model allows for rapid, capital-efficient scaling and high-return deployments, freeing up corporate equity for strategic growth.

● Transatlantic Market Footprint Mitigates
Risk:

With operations and revenue targets split between
North America and Europe by 2029, Alternus is uniquely positioned to reduce geopolitical and regulatory concentration risk. The diversified
presence enhances resilience and positions the Company to capture incentives from multiple clean energy policy regimes.

● Unique Microgrid Technology and
Offerings:

Through partnerships such as with Hover Energy,
Alternus delivers differentiated microgrid solutions combining rooftop wind, solar, storage, and AI-based energy management systems. This
provides a compelling and exclusive offering, particularly in the high-growth commercial and industrial market segments.

● Proven International Expansion and
Partner Network:

The Company’s historical ability to enter
new geographies and establish strong local partnerships is expected to enable consistent expansion across Europe and North America once
the Company has completed plans to improve and stabilize its balance sheet