Alternus Clean Energy Announced Construction Of 18MW Solar Project In Italy Starting Q2 2025; Expected To Generate $2M Annually, 80% EBITDA Margin; Completion By Mid-2026; Potential $7M Cash Proceeds Upon Sale; Full Portfolio Development By Q4 2025-Q1 2026
Upon completion, the 18MW project is expected to generate approximately $2 million annually in recurring revenues.New York, New York--(Newsfile Corp. - January 8, 2025) - Alternus Clean Energy, Inc. (NASDAQ:ALCE)