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Alternus Clean Energy ( (ALCE) ) just unveiled an announcement.
On May 7, 2025, Alternus Clean Energy, Inc. finalized a Share Purchase Agreement to sell its subsidiary, AEG MH 02 Limited, and its subsidiaries to OBN Real Estate Limited and BVP Green Bond 2018 Limited. This transaction involved the assumption of $19 million in debt and improved shareholder equity by approximately $14.4 million, enhancing the company’s financial position by removing $22.6 million in debt and costs related to MH02’s activities.
Spark’s Take on ALCE Stock
According to Spark, TipRanks’ AI Analyst, ALCE is a Underperform.
Alternus Clean Energy’s overall stock score is low due to significant financial difficulties, negative technical trends, and valuation challenges. Despite these issues, recent corporate events suggest potential for strategic growth and market expansion, which provides a modest positive outlook.
To see Spark’s full report on ALCE stock, click here.
More about Alternus Clean Energy
Alternus Clean Energy, Inc. operates in the renewable energy industry, focusing on solar photovoltaic projects. The company is involved in the development and management of solar energy assets, aiming to provide sustainable energy solutions.
Average Trading Volume: 96,826
Technical Sentiment Signal: Sell
Current Market Cap: $4.4M
For an in-depth examination of ALCE stock, go to TipRanks’ Stock Analysis page.