Alternus Energy Group Secures Majority Stake in Clean Energy Venture Following Business Merger with Clean Earth Acquisitions

In a significant move within the renewable energy sector, Alternus Energy Group Plc has successfully concluded a business combination with Clean Earth Acquisitions Corp. This merger marks a pivotal moment for Alternus Energy Group as they emerge as the majority shareholder in the newly formed entity, Alternus Clean Energy Inc. With this strategic development, Alternus Energy has also made its debut on the NASDAQ stock exchange, commencing trading under the ticker symbol ALCE, while Clean Earth Acquisitions is represented by CLIN.

Expanding Horizons in Renewable Energy

The landscape of the renewable energy industry is constantly evolving, and this merger is a testament to Alternus Energy Group's commitment to expanding its reach and influence within the sector. By merging with Clean Earth Acquisitions Corp, Alternus not only solidifies its position in the market but also benefits from the integration of Clean Earth's resources, expertise, and strategic initiatives. The combined entity, arising from this business combination, aims to capitalize on the growing demand for clean and sustainable energy solutions.

NASDAQ: A New Chapter for Alternus Energy

The commencement of trading on NASDAQ symbolizes a new chapter for Alternus Energy Group, heralding greater visibility and access to capital markets. This move is anticipated to offer a broader platform for the company to showcase its commitment to sustainability and to attract investors who are keen to support environmentally conscious businesses. The presence of Alternus Clean Energy Inc. on a prestigious exchange like NASDAQ serves as a beacon for potential growth opportunities and a milestone in the company's ongoing journey to champion renewable energy initiatives.

Alternus, NASDAQ, Merger