Alternus Energy Group PLC (NOTC:ALT) CEO Vincent Browne tells Proactive the European independent power producer is set to see a nearly tenfold increase in its power capacity by the end of 2023. Browne says it has agreed terms to acquire over 1.2 GWp of additional solar PV projects, set to be acquired this year. If all projects reach commercial operation, the total asset base would increase by over ten times from today’s levels – and generate around €85 million in annual recurring revenues.
Alternus Energy 1.2 GWp solar project acquisitions set to generate €85M in annual recurring revenues
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash...FOR OUR FULL DISCLAIMER CLICK HERE