Water Tower Research Publishes Initiation of Coverage Report on Alternus Clean Energy, Inc. “Going Vertical with Alternus: A Clean Energy IPP Focused on Transatlantic Smaller Utility-Scale Projects”

March 18, 2024, ST. PETERSBURG, FL – Water Tower Research (www.watertowerresearch.com) has published an Initiation of Coverage Report on Alternus Clean Energy, Inc. (NASDAQ: ALCE) titled, “Going Vertical with Alternus: A Clean Energy IPP Focused on Transatlantic Smaller Utility-Scale Projects”. The report can be accessed here.

Alternus differentiates itself by focusing on small utility-scale and community solar projects with a fully vertically integrated execution strategy ranging from project development through to long-term asset management. This model creates capex efficiencies throughout the solar development cycle, retains more control over project economics, and creates valuable clarity through a controlled pipeline of projects. The business model is designed to deliver visible, long-term, recurring cash flow through organic development and strategic acquisitions, with approximately 70% of its revenue under long-term contracts with rated corporate counterparties.

The total available market (TAM) for Alternus is substantial and growing in the EU and the US, with industry-wide installed capacity expected to grow from 2019-2026 at a CAGR of 13% in the EU and 28% in the US. Importantly, small utility-scale is the fastest-growing section within the solar sector versus residential, C&I, and community.

About Water Tower Research 

Water Tower Research is modernizing Investor Relations through research-driven communications and Investor Engagement. Sound investment research begins with good information. At WTR, we help companies and investors connect by creating expert information flow and strategies that are the foundation of a successful modern investor relations platform. Our analysts and capital markets professionals bring decades of unrivaled Wall Street experience and insight to a new digital world of investor communications and engagement. Our research and investor content is distributed across traditional research aggregators like Bloomberg, FactSet, etc., proprietary direct distribution lists, social media, search engines, and our website. As a result, every institutional and retail investor has equal access to our high-quality company research. Our mission is to help companies take control of their IR program and proactively reach investors while bringing investors a consistent flow of quality information to help them understand our clients’ businesses, industries, and the investment opportunities they present.

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Tags: asset management, Microgrid, power producer, project development, solar parks, utility scale