Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 2607

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 8
Chunk 2607
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 S.L.   Spain  Alt Spain Holdco, S.L.U.   Holding Company   Acquired 14 July 2022   AEG MH 02 Limited   Spain  AED Italia-06 S.r.l.   SPV   2 August 2022   AEG MH 02 Limited   Italy  AED Italia-07 S.r.l.   SPV   2 August 2022   AEG MH 02 Limited   Italy  AED Italia-08 S.r.l.   SPV   5 August 2022   AEG MH 02 Limited   Italy  Alternus LUX 01 S.a.r.l.   Holding Company   5 October 2022   Alternus Clean Energy, Inc.   Luxembourg  Alt Spain 04, S.L.U.   SPV   May 2022   Alt Spain Holdco, S.L.U.   Spain  Alt Alliance LLC   Holding Company   September 2023   Alternus Clean Energy, Inc.   USA  AEG MH 04 Limited   Holding Company   16 January 2024   Alternus Lux 01 S.a.r.l.   Ireland  ALT POL HC 02 sp. z.o.o.   Holding Company   20 January 2023   Alternus Europe Limited   Poland  New Frog Projects S.L.   SPV   31 July 2023   Alt Spain Holdco, S.L.U.   Spain  ALANTEAN LLC   Joint Venture LLC Partnership   10 April 2024   Alt Alliance LLC   USA  BESS LLC   Holding Company   10 December 2024   Alternus Clean Energy Inc.   USA 

F-9

    2.
    Going Concern and Management’s Plans

Our consolidated financial
statements for the year ended December 31, 2024, identify the existence of certain conditions that raise substantial doubt about our ability
to continue as a going concern for twelve months from the issuance of these financial statements:

The accompanying consolidated
financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of
liabilities in the normal course of business. As shown in the accompanying consolidated financial statements during the period ended December
31, 2024, the Company incurred losses from continuing operations of ($24.8) million and a net loss of ($32.6) million for the year ended
December 31, 2024 and 2023, respectively. The Company had total shareholders’