Alternus Energy Group plc (OB:ALT) acquired 12.9 megawatts of operational solar PV assets in Poland for approximately €13 million on December 23, 2021. Purchase consideration was fully funded by the €20 million bond issuance completed by Alternus in November. The commercial operation date (COD) for the acquired portfolio was reached during December. This forms part of the agreement between Alternus and the developer for a total contracted pipeline of 24 megawatt peak (MWp). The additional 11 MWp is currently expected to reach COD in Q1 2022.

Alternus Energy Group plc (OB:ALT) completed the acquisition of 12.9 megawatts of operational solar PV assets in Poland for approximately €13 million on December 23, 2021.