Dublin, Ireland -8 January, 2024 - Utility scale transatlantic clean energy independent power producer (IPP)Alternus Energy Group Plc (OSE: ALT) ("AEG ") today announces thatVincent Browne , CEO and Chairman of theBoard of AEG and ofAlternus Clean Energy, Inc. (Nasdaq: ALCE) ("Alternus" or the "Company"), a majority owned subsidiary of the Company, will be ringing the ceremonial closing bell at the Nasdaq MarketSite inNew York City's Time Square ,Wednesday, January 10, 2024 , at4:00 PM EST . The Company commenced trading on theNasdaq Stock Market ("Nasdaq") under the ticker symbol "ALCE" onDecember 26, 2023 , after successfully closing its business combination withClean Earth Acquisitions Corp. onDecember 22, 2023 . "We are proud to commemorate our successful listing on Nasdaq with the ceremonial bell ringing this Wednesday," commented CEO and Chairman of the Board,Vincent Browne . "As we mark this significant milestone, my heartfelt appreciation goes out to all those involved in making this day possible. This event is a testament to our team's hard work, our partners' belief, and our stakeholders' trust. We are not just celebrating a corporate achievement, but also reaffirming our pledge to be at the vanguard of the renewable energy revolution as we continue our rapid growth towards our goal of having 3GW of operating assets within the next 5 years from 150MW today." Coverage of the ceremony will be available on the Nasdaq website at https://www.nasdaq.com/ and on the Company's Investor Relations website at https://ir.alternusenergy.com. AboutAlternus Energy Group (AEG):AEG is a transatlantic clean energy independent power producer (IPP). We currently develop, install, own and operate utility scale solar parks in America andEurope . Our highly motivated and dynamic team at Alternus have achieved rapid growth in recent years. Building on this, our goal is to reach 3 GW of operating projects within 5 years through continued organic development activities and targeted strategic opportunities. Our vision is to become a leading provider of 24/7 clean energy delivering a sustainable future of renewable power with people and planet in harmony.AEG operates primarily throughAlternus Clean Energy, Inc (Nasdaq: ALCE).AEG is listed on the Euronext Growth Oslo and headquartered inIreland , whileAlternus Clean Energy, Inc. is listed on Nasdaq and headquartered in the US. They remain as two separate legal entities. Forward-Looking Statements Certain information contained in this release, including any information on the Company's plans or future financial or operating performance and other statements that express the Company's management's expectations or estimates of future performance, constitute forward-looking statements. When used in this notice, words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Such statements are based on a number of estimates and assumptions that are subject to significant business, economic and competitive uncertainties, many of which are beyond the control of the Company. The Company cautions that such forward-looking statements involve known and unknown risks and other factors that may cause the actual financial results, performance or achievements of the Company to differ materially from the Company's estimated future results, performance or achievements expressed or implied by the forward-looking statements. These statements should not be relied upon as representing Alternus' assessments of any date after the date of this release. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. For More Information: Investors:Alternus Energy Group ir@alternusenergy.com +1 (913) 815-1557 or Media:The Blueshirt Group alternus@blueshirtgroup.com +1 (323) 240-5796
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