Reference is made to the press release issued byAlternus Energy Group Plc (OSE: ALT) ("AEG " or the "Company") on21 November 2023 and the Euronext notices issued on28 December 2023 and16 January 2024 , regarding the planned sale of its operating solar projects inthe Netherlands . The Company is pleased to announce that Solis Bond Company DAC, an indirect wholly owned subsidiary ofAlternus Clean Energy, Inc. (NASDAQ: ALCE) ("ALCE" or "Alternus"), a majority owned subsidiary of the Company, has closed the sale of 100% of the share capital inZonnepark Rilland B.V. ("Rilland") to Theia. The total remuneration consisting of the purchase price and the repayment of shareholder's loans granted to Rilland is in line with what the Company previously announced on21 November 2023 and will be used to pay down the Solis Bond. EY acted as the sole Financial Advisor to the Company in this transaction. AboutAlternus Energy Group (AEG):AEG is a transatlantic clean energy independent power producer (IPP). We develop, install, own and operate utility scale solar parks in America andEurope . Our highly motivated and dynamic team at Alternus have achieved rapid growth in recent years. Building on this, our goal is to reach 3GW of operating projects within 5 years through continued organic development activities and targeted strategic opportunities. Our vision is to become a leading provider of 24/7 clean energy delivering a sustainable future of renewable power with people and planet in harmony.AEG operates primarily throughAlternus Clean Energy, Inc (Nasdaq: ALCE).AEG is listed on the Euronext Growth Oslo and headquartered inIreland whileAlternus Clean Energy, Inc. is listed on Nasdaq and headquartered in the US. They remain as two separate legal entities. For More Information:Alternus Energy Group ir@alternusenergy.com +1 (913) 815-1557 orThe Blueshirt Group alternus@blueshirtgroup.com +1 (323) 240-5796
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