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Alternus Energy PLC

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In brief

Alternus Energy Group PLC is a fast-growing international independent power producer (IPP), headquartered in Ireland, with a focus on the midsized utility solar PV market. The company owns and operates a diverse portfolio of utility-scale solar PV (photovoltaic) parks that connect directly to national power grids on long-term government contracts (FiT) and/or Power Purchase Agreements (PPAs) with investment-grade off-takers. Having started in 2016 with two parks and 6 MWp capacity, the current portfolio consists of 39 owned or contracted parks in Germany, Italy, Netherlands, Romania and Poland in excess of 150 MWp capacity. Alternus works closely with both local and international specialist development partners that provide a constant pipeline of new projects, currently over 1.2 GWp, across Europe for acquisition by the company. It aims to own and operate over 2 GWs of solar parks by the end of 2025.