Item 1.01 Entry into a Material Definitive Agreement.Share Purchase Agreement • July 30th, 2019
Contract Type FiledJuly 30th, 2019On July 29, 2019, PCG_HoldCo UG, a German corporation (“Purchaser”) and wholly owned subsidiary of Alternus Energy Inc., a Nevada corporation (“ALTN” or “Parent”), and Coöperatie Unisun Energy U.A., a Netherlands corporation (the “Seller”) entered into a Share Purchase Agreement (the “SPA”). Pursuant to the terms of the SPA, the Seller agreed to sell to the Purchaser, and the Purchaser agreed to purchase from the Seller, 100% of the share capital of Zonnepark Rilland B.V., a SPV that owns and operates an 11.75 MW ground-mounted solar photovoltaic (PV) power plant in Rilland, the Netherlands, in exchange for $11.76 million (