Alternus Energy Group Discloses SEC Filing by Clean Earth Acquisitions and Set Date for Special Meeting on Business Combination

DUBLIN, Ireland, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Leading renewable energy company, Alternus Energy Group plc ("Alternus"), trading under the Oslo stock ticker ALT, has made a significant announcement today regarding procedural advancements with Clean Earth Acquisitions Corp., a pivotal player in the proposed business amalgamation. The announcement detailed the filing of a definitive proxy statement (the "Proxy Statement") with the U.S. Securities and Exchange Commission ("SEC"), marking a crucial milestone in the advancement of the proposed business combination between the two entities.

Formal Steps Toward Business Combination

The filed Proxy Statement serves as a formal notice to shareholders about the details concerning the proposed business unification, providing important information and requesting shareholder votes on the matter. Alternus and Clean Earth Acquisitions have scheduled a special meeting to seek shareholder approval. The date set for this significant event is a key item underlined in the announcement, as the meeting outcome could seal the fate of the intended business merger and chart the course for the future joint venture.

Strategic Move for Renewable Energy Expansion

The collaboration between Alternus and Clean Earth Acquisitions represents a strategic move to expand within the renewable energy sector. Alternus, with its focus on sustainable energy solutions, views this merger as a potential catalyst for growth and an opportunity to leverage Clean Earth Acquisitions' resources for a broader impact in the clean energy market. Shareholders and interested investors are advised to review the Proxy Statement to fully understand the implications and potential benefits of the proposed business linking. The filing is available on the SEC website, offering full disclosure of the terms, conditions, and strategic intent behind the envisioned consolidation.

Alternus, CleanEarth, SEC