Company: ALCE
Filing Date: 2025-06-30
Form Type: 10-Q
Source: 0001213900-25-059349
Chunk: 179

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-30
Form: 10-Q
Item: Part I, Item 8
Chunk 179
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 revenue and expenses are generated in other currencies, including
the Euro (EUR), the Romanian Lei (RON), and the Polish Zloty (PLN). This mix may continue to change in the future if the Company elects
to alter the mix of its portfolio within its existing markets or elect to expand into new markets. In addition, the Company’s investments
(including intercompany loans) in renewable energy facilities in foreign countries are exposed to foreign currency fluctuations. As a
result, the Company expects revenues and expenses will be exposed to foreign exchange fluctuations in local currencies where the Company’s
renewable energy facilities are located. To the extent the Company does not hedge these exposures, fluctuations in foreign exchange rates
could negatively impact profitability and financial position.

Key Metrics

Operating Metrics

The Company regularly reviews several operating
metrics to evaluate its performance, identify trends affecting its business, formulate financial projections and make certain strategic
decisions. The Company considers a solar park operating when it has achieved connection and begins selling electricity to the energy grid.

Operating Nameplate capacity

The Company measures the electricity-generating
production capacity of its renewable energy facilities in nameplate capacity. The Company expresses nameplate capacity in direct current
(DC), for all facilities. The size of the Company’s renewable energy facilities varies significantly among the assets comprising
its portfolio.

The Company believes the combined nameplate capacity
of its portfolio is indicative of its overall production capacity and period to period comparisons of its nameplate capacity are indicative
of the growth rate of its business. The production capacity listed below for the United States and Romania reflect the actual production
from those parks during the three months ended March 31, 2025 and 2024. The table below outlines the Company’s operating renewable
energy facilities as of March 31, 2025 and 2024:

    Three Months Ended March 31, 
  
    MW (DC) Nameplate capacity by country – continuing operations 
    2025  
    2024 
  
    United States 
               -  
     3.8 
  
    Total 
     -  
     3.8 
  
     Discontinued Operations: 

    Romania 
     -  
     40.1 
  
    Total 
     -  
     40.1 
  
    Total for the period 
     -  
     43.9 

Megawatt hours sold

Megawatt hours sold refers to the