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Alternus Energy Completes and Files Audit for 2018

Power News - Published on Thu, 11 Jul 2019

Image Source: Proactive Investors
Alternus Energy Inc announced that its 2018 annual financial audit has been completed. Marcum LLP issued an opinion on Alternus Energy’s audited financial statements, which have now been filed with the OTC Markets.
Mr Joseph Duey, Alternus Energy’s Chief Financial Officer, commented that “We are pleased to report this progress in advancing our process to become an SEC reporting company in the US. It’s an important milestone in achieving our capital markets goal of up-listing to a US National Exchange at the earliest opportunity. Such a move will make the Company more accessible to a wider investor audience.”

Mr Vincent Browne, Alternus Energy’s Chief Executive Officer, President and Chairman, added that “While we continue to grow our business by acquiring additional PV solar parks across Europe to further enhance our long term government counterparty income streams, it is just as important for us to advance our capital markets activities. With our 2018 annual financial statements complete and audited, we anticipate filing a Form 10 with the U.S. Securities and Exchange Commission in the coming weeks. We look forward to elevating our capital markets efforts in parallel to building our business, as we continue our mission to create long-term shareholder value at the lowest possible risk.”

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Posted By : Rabi Wangkhem on Thu, 11 Jul 2019
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