Company Alternus Energy Group Plc

Equities

ALT

IE00BLRPRP89

Independent Power Producers

Market Closed - Oslo Bors 15:45:00 29/04/2024 BST 5-day change 1st Jan Change
5.55 NOK +4.32% Intraday chart for Alternus Energy Group Plc +0.91% -50.88%

Business Summary

Alternus Energy Group plc is an Ireland-based international vertically integrated independent power producer (IPP). The Company develops, installs, owns, and operates midsized utility-scale solar parks in the North America and Europe. Its portfolio includes approximately 108.5 megawatts (MW) of installed solar PV capacity. Its assets are contracted on long-term government-backed Feed-in-Tariff (FiT) or Power Purchase Agreements (PPA) with investment grade counterparties. The Company focuses on owning and operating over 3.5 gigawatts of solar parks. The Company has operational assets in European countries. The Company owns a 32 MW portfolio of solar PV projects in Valencia, Spain, known as the NF Projects.

Number of employees: 28

Sales per Business

NOK in Million2021Weight2022Weight Delta
Energy Offtake Agreements
55.0 %
76 36.1 % 181 55.0 % +138.94%
Green Certificates
29.1 %
- - 96 29.1 % -
Government Renewable Energy Incentive Programs
15.4 %
134 63.9 % 51 15.4 % -62.10%
Other
0.5 %
- - 2 0.5 % -

Sales per region

NOK in Million2021Weight2022Weight Delta
Romania
42.2 %
145 69.4 % 139 42.2 % -4.67%
Poland
32.9 %
20 9.4 % 108 32.9 % +451.16%
Netherlands
13.9 %
12 5.6 % 46 13.9 % +291.72%
Italy
10.3 %
31 15.0 % 34 10.3 % +8.06%
Germany
0.6 %
1 0.7 % 2 0.6 % +44.90%
United States
0.1 %
-- 0 0.1 % -

Managers

Managers TitleAgeSince
Chief Executive Officer 58 31/07/15
Director of Finance/CFO 52 30/09/18
Chief Tech/Sci/R&D Officer 56 30/04/21
Chief Tech/Sci/R&D Officer 55 31/12/18
Director/Board Member 72 31/12/16
Director/Board Member 60 -
Corporate Officer/Principal 42 31/12/16
Corporate Officer/Principal 44 31/01/22
General Counsel 54 31/12/17

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 58 31/07/15
Director/Board Member 60 -
Director/Board Member 72 31/12/16

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 26,325,738 26,321,286 ( 99.98 %) 0 99.98 %

Holdings

NameEquities%Valuation
Alternus Clean Energy, Inc.
72.17%
57,500,000 72.17% 24,610,000 $

Company contact information

Alternus Energy Group Plc

Blanchardstown Corporate Park 2 Plaza 212

15, Dublin

+353 1 907 3445

http://www.alternusenergy.com
address Alternus Energy Group Plc(ALT)
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