{"url_path":"/sec/cik-0001883984/10-k/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-15","source_url":"https://www.sec.gov/Archives/edgar/data/1883984/0001437749-26-020545-index.html","accession_number":"0001437749-26-020545","cik":"0001883984","ticker":null,"issuer_name":"Alternus Clean Energy, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1883984/0001437749-26-020545-index.html","primary_entity_key":"0001883984","primary_entity_name":"Alternus Clean Energy, Inc."},"word_count":2197,"has_tables":true,"body_markdown":"alce20241231_10k.htm\n\n0001883984\nAlternus Clean Energy, Inc.\nfalse\n--12-31\nFY\n2025\ntrue\ntrue\ntrue\nCybersecurity risk is managed through multiple, overlapping controls and strategic initiatives, including:\n\n \n\n \n?\n\nThe implementation of a comprehensive cybersecurity policy addressing acceptable use, data governance, social media, encryption, remote access, authentication, vulnerability management, and incident response;\n\n \n\n \n?\n\nCybersecurity awareness training for all employees;\n\n \n\n \n?\n\nA multidisciplinary cybersecurity incident response team with defined protocols and escalation paths;\n\n \n\n \n?\n\nTabletop exercises to test and refine response readiness;\n\n \n\n \n?\n\nContinuous integration of intelligence from industry and government sources into internal monitoring and defense processes;\n\n \n\n \n?\n\nOngoing internal reviews of enterprise applications and infrastructure, including access control evaluations and configuration audits.\n\n \n\nThe Chief Information Officer (CIO), with more than 20 years of experience in information and operational technology, holds primary responsibility for the cybersecurity program. Under the CIO’s leadership, the IT team continuously evaluates risk postures and safeguards Alternus’ critical cyber assets. Their efforts are designed to provide resilience against both common and sophisticated cyber threats.\n\n \n\nThe organization has implemented strong internal evaluation mechanisms and governance structures to ensure the integrity and maturity of its cybersecurity position. Risk management of third-party service providers, especially those handling sensitive data or enterprise applications, is carried out through documented access reviews and contractual safeguards, including SOC 2 reporting where applicable.\nCybersecurity risk is managed through multiple, overlapping controls and strategic initiatives, including:\n\n \n\n \n?\n\nThe implementation of a comprehensive cybersecurity policy addressing acceptable use, data governance, social media, encryption, remote access, authentication, vulnerability management, and incident response;\n\n \n\n \n?\n\nCybersecurity awareness training for all employees;\n\n \n\n \n?\n\nA multidisciplinary cybersecurity incident response team with defined protocols and escalation paths;\n\n \n\n \n?\n\nTabletop exercises to test and refine response readiness;\n\n \n\n \n?\n\nContinuous integration of intelligence from industry and government sources into internal monitoring and defense processes;\n\n \n\n \n?\n\nOngoing internal reviews of enterprise applications and infrastructure, including access control evaluations and configuration audits.\n\n \n\nThe Chief Information Officer (CIO), with more than 20 years of experience in information and operational technology, holds primary responsibility for the cybersecurity program. 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of Contents](#toc)\n\n \n\n**UNITED STATES**\n\n**SECURITIES AND EXCHANGE COMMISSION**\n\n**Washington, D.C. 20549**\n\n \n\n**FORM 10-K**\n\n \n\n**(Mark One)**\n\n☒ **ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**For the Fiscal Year Ended December 31, 2025**\n\n \n\n**Or**\n\n \n\n☐ **TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**For the transition period from _____ to _____**\n\n \n\n**Commission File Number: 001-41306**\n\n \n\n \n\n**ALTERNUS CLEAN ENERGY, INC.**\n\n(Exact name of registrant as specified in its charter)\n\n \n\n**Delaware**\n \n**87-1431377**\n\n*(State or other jurisdiction of*\n*incorporation or organization)*\n \n*(I.R.S. Employer*\n*Identification No.)*\n\n \n\n**17 State Street, Suite 4000, New York, NY 10004**\n\n**(212) 739-0727**\n\n*(Address of principal executive offices) (Zip Code)*\n\n \n\nRegistrant’s telephone number, including area code: (212) 739-0727\n\n \n\nSecurities registered pursuant to Section 12(b) of the Act: None\n\n \n\nSecurities registered pursuant to Section 12(g) of the Securities Exchange Act: \n\n \n\n**Title of Each Class**\n \n**Trading Symbol**\n \n**Name of each exchange on which registered**\n\nCommon Stock, par value $0.0001 per share\n \nALCE\n \nOTC Market\n\nWarrants, each whole warrant exercisable for one share of Common Stock\n \nACLEW\n \nOTC Market\n\n \n\nIndicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.\n\nYes ☐    No ☒\n\n \n\nIndicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.\n\nYes ☐    No ☒\n\n \n\nIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.\n\nYes  ☐   No ☒ \n\n \n\nIndicate by check mark whether the registrant has submitted electronically, every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).\n\nYes ☐   No ☒ \n\n \n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company, in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge Accelerated Filer\n\n☐\n\nAccelerated Filer\n\n☐\n\nNon-Accelerated Filer\n\n☒\n\nSmaller Reporting Company\n\n☒\n\nEmerging Growth Company\n\n☒\n  \n\n \n\n \n\n[Table of Contents](#toc)\n\n \n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\n \n\nIndicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C.7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☐\n\n \n\nIf securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. ☐\n\n \n\nIndicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐\n\n \n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Act).\n\nYes: ☐    No: ☒\n\n \n\nThe aggregate market value of voting stock held by non-affiliates of the Registrant on June 30, 2025, based on the closing price of $6.40 for shares of the Registrant’s common stock as reported by The OTC Market, was approximately $1.65 million. Shares of common stock beneficially owned by each executive officer and director have been excluded in that such persons may be deemed to be affiliates.\n\n \n\nThe number of shares outstanding of the Registrant’s common stock, par value $0.0001 per share, on June 12, 2026 was 724,658.\n\n \n\n**Documents Incorporated by Reference**\n\nNone\n\n \n\n \n\n \n\n[Table of Contents](#toc)\n\n  \n\n \n\n**Table of Contents**\n\n \n\n \n \n\n**Page**\n\n[PART I](#parti)"}