Alternus clean energy announces pricing of $2.25 million private placement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 22 2025
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Should l Buy ?
Source: SeekingAlpha
Private Placement Announcement: Alternus Clean Energy has priced a $2.25 million private placement round with institutional investors, which includes the issuance of 1.52 million shares of common stock.
Use of Proceeds and Closing Date: The funds will be used for working capital and general corporate purposes, with the closing of the placement expected around January 23, 2025.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
