Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 2422

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 7A
Chunk 2422
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 a business combination or an asset
acquisition. In such a situation, the transaction is accounted for as though the target issued its equity for the net assets of the SPAC
and, since a business combination has not occurred, no goodwill or intangible assets would be recorded. As such, AEG is considered the
accounting acquirer and these consolidated financial statements represent a continuation of AEG’s financial statements. Assets and
liabilities of AEG are presented at their historical carrying values.

Alternus Clean Energy Inc.
is a holding company that operates through the following twenty-six operating subsidiaries as of December 31, 2024:

  Subsidiary   Principal 
Activity   Date Acquired / 
Established   ALCE Ownership   Country of
Operations  PC-Italia-01 S.r.l.   Sub-Holding SPV   15 May 2015   AEG MH 02 Limited   Italy  PC-Italia-03 S.r.l.   SPV   1 July 2020   AEG MH 02 Limited   Italy  PC-Italia-04 S.r.l.   SPV   15 July 2020   AEG MH 02 Limited   Italy  Risorse Solari I S.r.l.   SPV   28 September 2019   AEG MH 02 Limited   Italy  Risorse Solari III S.r.l.   SPV   3 August 2021   AEG MH 02 Limited   Italy  Alternus Iberia S.L.   SPV   4 August 2021   AEG MH 02 Limited   Spain  AED Italia-01 S.r.l.   SPV   22 October 2021   AEG MH 02 Limited   Italy  AED Italia-02 S.r.l.   SPV   22 October 2021   AEG MH 02 Limited   Italy  AED Italia-03 S.r.l.   SPV   22 October 2021   AEG MH 02 Limited   Italy  AED Italia-04 S.r.l.   SPV   22 October 2021   AEG MH 02 Limited   Italy  AED Italia-05 S.r.l.   SPV   22 October 2021   AEG MH 02 Limited   Italy  AEG MH 02 Limited   Holding Company   8 March 2022   Alternus Europe Limited   Ireland  Alternus Europe Limited f/k/a A