Alternus Clean Energy Raises $1.0 Million via Series D Preferred; Grants One-Year Put Option
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Alternus Clean Energy has raised $1 million through a private placement of Series D Convertible Preferred Stock, closing the deal on March 27, 2026. This financing aims to support working capital and corporate needs. Additionally, a Put Option Agreement allows the investor to require the company to repurchase up to 1,150 Series D shares at $1,000 each for one year after an $8 million equity raise, providing liquidity and downside protection for the investor.
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