Corporate Profile

Alternus Energy Inc. (OTC: ALTN) is an international green energy producer that owns and operates a diverse portfolio of PV Solar Parks that connect directly to national power grids on long-term government supply contracts. This provides very predictable and measurable income streams over the long term. The company currently has 6.1MW of ground mounted parks in operation in Romania and 3MW of ground and rooftop parks in operation in Italy with further expansion in both countries ongoing. The company has recently completed the acquisition of 10MW of rooftop parks in Germany. ALTN is also currently expanding to the Netherlands and exploring projects in other European countries for continued growth.

Alternus Energy acquires multiple independent solar parks within several countries so that income streams are generated from a diverse portfolio rather than a few large parks within one regulatory regime. In-country diversification of plants coupled with international diversification ensures that the economic, environmental and financial risk is spread out over multiple jurisdictions. Company strategy is that no more than 25% of group revenues will come from a single geography in medium term and beyond that the target is less than 15% from a single geography.

Corporate Governance

Board of Directors

Vincent Browne – CEO and Chairman

Has an extensive background in finance and operations, including experience in merger & acquisitions, project finance and capital market transactions for both public and private companies. Since 2008, he has worked predominantly the US public markets as CEO/CFO of OTC listed companies and has served as a consultant to others involving M&A, spinouts, 10K and S1 SEC filings and corporate restructuring. From 2000 to 2005 he founded a number of technology startups. Prior to this, Mr. Browne was Head of Procurement with Esat Telecom Group, Ireland’s premier competitive telecom operator, quoted on NASDAQ. He holds a Bachelor of Commerce (Accounting) degree from University College Dublin and is also a contributor in commercialization of research and technology projects with the Technology and Enterprise Campus at Trinity College Dublin.

John Thomas – Non-Executive Director

John Thomas is the Co-Founder and Managing Partner of Doonbeg Group, Inc., an advisory and merchant banking firm founded in February of 2013. He is an accomplished Senior Executive with core skill sets of leadership, strategic, and operational management in an international environment.  John has significant expertise in international trade and finance with proven success in the transportation, defense, and infrastructure industries with an emphasis in the emerging markets. John holds a B.S. in Business Administration from Manhattan College.

John McQuillan – Non-Executive Director

Mr. McQuillan is a fellow of Chartered Accountants Ireland and an Associate of the Chartered Institute of Arbitrators in Ireland. He trained with KPMG. Mr. McQuillan worked as Financial Controller of the ESB Group Network Business before starting his own practice in 2005. His practice worked primarily in the energy and regulated sectors in addition to audit, assurance and accounting services to a wide range of clients in the SME sector, including professional and financial services. He is currently Chief Financial Officer of Homecare Direct and a non-executive director in a range of industries in the leasing, accounting, utilities and consumer goods industries. He is a graduate of Trinity College Dublin.

Events & Presentations

 

IR Contact

+1 212 220 7434

contact@alternusenergy.com