Deals Counterparts

Alternus Clean Energy acquires 80 MW U.S. solar portfolio from investment fund for $60 million

Acquisition Solar announced United States May 4, 2026
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USD60M
Deal Value
80 MWp
Capacity

Alternus Clean Energy, Inc. finalized an agreement to acquire a renewable energy portfolio totaling over 80 MWp from a U.S.-based investment fund for $60 million. The portfolio consists of 33 solar projects distributed across eight U.S. states, significantly expanding Alternus Clean Energy's geographical footprint. Upon completion, the acquisition will increase the company's operational solar capacity to over 120 MWp by mid-2024, with projected annual revenue of approximately $6.7 million. The deal underscores Alternus Clean Energy's strategic focus on scaling its renewable energy assets in the U.S. market. No additional details on project locations or specific financial terms beyond the total value were disclosed in the announcement.

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Counterparts (2)

Seller
U
U.S. investment fund
company · 1 deals
New York-based renewable energy developer focused on utility-scale solar, microgrids, and battery storage projects across the U.S. and Europe, deploying an energy-as-a-service model for blue-chip clients.
Buyer
Alternus Clean Energy, Inc
company · 1 deals
New York-based renewable energy developer focused on utility-scale solar parks, microgrids, and battery storage across Europe and North America using an energy-as-a-service model.

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Timeline

Announced
May 4, 2026
Signed
Closed

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