Alternus Energy Group PLC (the "Company") and one of its US subsidiaries, ALT US
03, LLC, today were served a complaint filed in the Third Judicial District
Court of Salt Lake County, Utah, USA by Celtic Bank Corporation ("Celtic"),
claiming that $811,091 plus interest, costs, expenses and legal fees is due and
owed to Celtic pursuant to a promissory note and loan agreement signed with ALT
US 03 and a guarantee agreement signed with the Company.
Further information will be made available once AEG and ALT US 03 have more
fully assessed the implications of the complaint. As ALT US 03 is a subsidiary
of AEG only and is not a subsidiary of Alternus Clean Energy Inc. ("ALCE"), this
judgement has no effect or impact on ALCE.
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation (MAR) and is subject to the disclosure requirements
pursuant to MAR article 17. This stock exchange announcement was published by
Vincent Browne, CEO and Director at Alternus Energy Group Plc on 7 May 2025.