Core Viewpoint - PowerBank Corporation has announced the sale of three solar power projects to Solar Advocate Development LLC for approximately $41 million USD, which will support the company's growth as an Independent Power Producer while capitalizing on favorable market conditions created by recent legislation [2][3][4]. Transaction Details - The transaction involves the sale of Elmira, Jordan Road 1, and Jordan Road 2 solar projects, with a combined generation capacity of 16.87 MW [2][8]. - PowerBank will continue to construct the projects until they reach commercial operation, demonstrating its comprehensive development capabilities [2][4][8]. - The projects are positioned to qualify for New York State Energy Research and Development Authority NY-Sun Program incentives, enhancing their economic viability [8]. Strategic Rationale - The sale reflects PowerBank's strategy to selectively monetize development assets while focusing on expanding its Independent Power Producer portfolio [3][4][6]. - The partnership with Solar Advocate Development, spanning seven years and eleven projects, highlights the company's reputation for delivering high-quality solar assets [6][10]. Market Context - The transaction is set against the backdrop of the One Big Beautiful Bill Act, which has accelerated timelines for solar project development, allowing PowerBank to optimize its asset monetization strategy [3][4]. - The community solar market is identified as a high-growth segment, providing clean energy access to customers unable to install on-site solar [5]. Company Overview - PowerBank Corporation specializes in renewable energy development and independent power production, focusing on distributed solar and Battery Energy Storage System projects across North America [10][11]. - The company has developed and constructed renewable energy projects exceeding 100 megawatts of combined capacity and maintains a robust development pipeline of over one gigawatt of potential future projects [11].

As filed with the U.S. Securities and Exchange Commission on July 19, 2024 Registration No. 333-276630 Alternus Clean Energy, Inc. (Exact Name of Registrant as Specified in Its Charter) | Delaware | | --- | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 4 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Delaware 4931 87-1431377 (I.R.S. Employer Identification ...

As filed with the U.S. Securities and Exchange Commission on June 28, 2024 Registration No. 333-276630 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 2 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Alternus Clean Energy, Inc. (Exact Name of Registrant as Specified in Its Charter) | | | (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Number) (I.R.S. Employer Identification Number) 360 Kings ...

As filed with the U.S. Securities and Exchange Commission on June 28, 2024 Registration No. 333-276630 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 2 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Alternus Clean Energy, Inc. (Exact Name of Registrant as Specified in Its Charter) | | | (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Number) (I.R.S. Employer Identification Number) 360 Kings ...

As filed with the U.S. Securities and Exchange Commission on April 29, 2024 Registration No. 333-[●] UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Alternus Clean Energy, Inc. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) Delaware 4931 87-1431377 (Primary Standard Industrial Classification Number) (I.R.S. Employer Identification Number) 360 Kingsle ...