Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 38

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 1
Chunk 38
---
 in general, similar proceedings may not
represent fair compensation and could materially affect our other operations, in which case certain operations may have to cease without
sufficient compensation being paid to us. Although this particular expropriation does not have a material adverse effect on our business,
other types of seizure or expropriation could have a material adverse effect on our ability to generate revenue.

In addition to the expropriation
risk discussed above, the land on which the renewable energy facilities are situated is often subject to long-term easements and land
leases. However, the ownership interests in the land subject to these easements and leases may also be subject to mortgages securing loans
or other liens (such as tax liens) and other easement and lease rights of third parties (such as leases of oil or mineral rights) that
were created prior to the land easements and leases. As a result, the facility’s rights under these easements or leases may be subject,
and subordinate, to the rights of those third parties, or even to the relevant government. The Company performs title searches and obtains
title insurance to protect itself against these risks. Such measures may, however, be inadequate to protect the Company against all risk
of loss of the Company’s rights to use the land on which the renewable energy facilities are located, which could have a material
adverse effect on our business, financial condition and results of operations.

Furthermore, we are subject
to the risk of potential disputes with property owners or third parties who otherwise have rights to or interests in the properties used
for the our solar parks. Such disputes, whether resolved in our favor or not, may divert management’s attention, harm our reputation
or otherwise disrupt its business. An adverse decision from a court or the absence of an agreement with such third parties may result
in additional costs and delays in, or the permanent termination of, the construction and operating phases of any solar park so situated.

24

Enforcing a United
States judgment against our executive officers and directors in Ireland may be difficult.

Many of our current officers
and directors reside in Ireland. Service of process upon our directors and officers, many of whom reside outside the United States, may
be difficult to obtain within the United States. Furthermore, because the majority of our assets and investments, and a number of our
directors and officers are located outside of the United States, any judgment obtained in the United States against us or any of them
may be difficult to collect within the United States and may not