KEY FIGURES
130
Installed Capacity

142

Annual Production

151000

CO2-eq Avoidance p/a

1374

MW under contract
Investor Introduction

Alternus Energy Group is a fast-growing pan-European vertically integrated independent power producer (“IPP”). Headquartered in Ireland, the company is focused on the midsized utility scale solar PV market. Alternus Energy owns and operates a diverse portfolio of utility scale solar PV parks on long-term government contracts and/or power purchase agreements with investment grade off-takers.

Having started in 2016 with two parks and 6 MWp capacity, the current operational portfolio consists of 24 parks across Poland, Romania, Italy, the Netherlands and Germany totalling 130 MWp. Alternus Energy works closely with both local and international specialist development partners providing a constant pipeline of new projects for acquisition and construction. Alternus Energy 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.

2021 Green Bonds

In January 2021, Alternus Energy Group Plc, through its wholly owned subsidiary Solis BondCo DAC, issued a Senior Secured Green Bond (the Bonds) raising an initial EUR 110 million in gross proceeds. The Bonds have a tenor of 3 years with maturity in January 2024 and a coupon rate of 3 months Euribor plus 650 bps. The proceeds were used to refinance approximately EUR 27 million of existing senior debt, and to fund the acquisition of 109MW of operational solar PV parks in Europe. The Bonds may be increased to EUR 200 million, where additional bond proceeds may be used for financing of eligible assets as defined in the Alternus Energy Green Bond Framework.

The bond was admitted to the Frankfurt Stock Exchange Open Market on 6 January 2021. Under the terms of the Bonds, they will be listed on the Oslo Børs no later than 6 January 2022.

FINANCIAL CALENDAR