Alternus Energy grows annual recurring revenues to over €17M with acquisition of largest park to date
The move continues the group's expansion into Europe and is the largest single park the company has acquired to date
Operating since 2013, LJG produces around 25.5 GWh of power each year
Alternus Energy PLC (NOTC:ALT), the independent power producer (IPP), told investors it had lifted its total installed capacity by 29%, having acquired the 20 MWp solar park LJG Green Source Energy Beta SRL (LJG) in Romania from Risen Energy GmbH for €22 million.
The move continues the group's expansion into Europe and is the largest single park the company has acquired to date.