Alternus Energy went public via a SPAC merger with Clean Earth Acquisitions in a $275m deal.

Alternus Energy, a transatlantic renewable energy developer and operator, went public via a SPAC merger with Clean Earth Acquisitions, a publicly traded special purpose acquisition company, in a $275m deal. "This is a momentous step forward for Alternus and its stakeholders. The completion of the business combination with Clean Earth and resultant listing on Nasdaq, is a key strategic pillar in our commitment towards a sustainable future. Following a year of consolidation and reshaping the business to best capture the opportunities in hand, that deliver higher margins with lower equity requirements, we are now very well positioned to accelerate our impact, extend our reach, and drive significant growth in the business towards our goal of having 3 GW of operating assets within the next five years,” Vincent Browne, Alternus Clean Energy CEO.