Dublin, Ireland - 8 January, 2024 - Utility scale transatlantic clean energy
independent power producer (IPP) Alternus Energy Group Plc (OSE: ALT) ("AEG")
today announces that Vincent Browne, CEO and Chairman of the Board of AEG and of
Alternus 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 in New York City's Time Square, Wednesday, January
10, 2024, at 4:00 PM EST.

The Company commenced trading on the Nasdaq Stock Market ("Nasdaq") under the
ticker symbol "ALCE" on December 26, 2023, after successfully closing its
business combination with Clean Earth Acquisitions Corp. on December 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. 

About Alternus 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
and Europe. 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 through Alternus Clean Energy, Inc (Nasdaq: ALCE). AEG is
listed on the Euronext Growth Oslo and headquartered in Ireland, while Alternus
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

Click here for more information

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