Alternus Clean Energy Said Post Rilland Spa, Solis To Sell To Theia, And Theia To Purchase From Solis, 100% Of Share Capital In Zonnepark Rilland B.V For Approximately €9.7M
Portfolio Pulse from Charles Gross
Alternus Clean Energy (ALCE) has agreed to sell 100% of the share capital in Zonnepark Rilland B.V. to Theia for approximately €9.7 million, as disclosed in an 8-K filing.
January 17, 2024 | 11:33 am
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Alternus Clean Energy is selling Zonnepark Rilland B.V. to Theia for approximately €9.7 million, which may impact its financial position.
The sale of Zonnepark Rilland B.V. by ALCE to Theia for €9.7 million is likely to have a positive short term impact on ALCE's stock price. The influx of cash from the sale could be seen as a positive development for the company's financial health and could be used to reduce debt, invest in other projects, or return value to shareholders. However, the impact also depends on investor perception of the sale and the company's future growth prospects without this asset.
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