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Alternus Energy Inc

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Market:
OTCMKTS
Market Cap:
$33.22 m
Price
0.25 USD
Change
4.21%
52 weeks high
0.58
52 weeks low
0.02

In brief

Alternus Energy Inc. (“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.

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Snapshot

The parks connect directly to national power grids on long-term, fixed price government supply contracts, providing very predictable income