Dublin, 7th June 2021 – Alternus Energy Group Plc (“Alternus”), has engaged Arctic Securities AS as Sole Global Coordinator in connection with a potential private placement and listing on Euronext Growth Oslo, expected to take place during 2021.
Alternus Energy Group (NOTC: ALT) is a fast-growing pan-European vertically integrated independent power producer (“IPP”), headquartered in Ireland, with a focus on the midsized utility scale solar PV market. Alternus owns and operates a diverse portfolio of utility scale solar PV parks that connect directly to national power grids on long-term government contracts (“FiT”) and/or Power Purchase Agreements (“PPAs”) with investment grade off-takers. Having started in 2016 with two parks and 6 MWp capacity, the current portfolio consists of 34 owned or contracted parks in Germany, Italy, Netherlands, Romania and Poland, in excess of 150 MWp capacity. Alternus works closely with both local and international specialist development partners that each provide a constant pipeline of new projects for acquisition and construction by Alternus. Alternus aims to own and operate over 3.5 GWs of solar parks by the end of 2025 and to become one of the largest pan-European IPPs by the end of the decade.