Pictured right are Carl Andersen (left), CEO of the Fund, and Rolf Wikborg (right), Co-CIO of the Fund, ringing the bell for Alternus Energy, which is listing on NASDAQ in New York on January 10, 2024.
Alternus Energy is an independent power producer (IPP) specializing in the European mid-size solar market. It owns and operates a diverse portfolio of solar power plants directly connected to national grids under long-term government feed-in tariffs and PPA agreements with utilities. It has grown by leveraging its network of local developer partners to procure and acquire small- and medium-scale solar power plants, primarily in Europe.
On December 22, 2023, Alternus Energy Group Plc completed its previously announced business combination with Clean Earth Acquisitions Corp (NASDAQ: CLIN), a special purpose acquisition company.