Alternus Clean Energy (Alternus Clean Energy) Construction In Progress : $18.64 Mil (As of Dec. 2023)

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What is Alternus Clean Energy Construction In Progress?

Alternus Clean Energy's quarterly construction in progress declined from Dec. 2021 ($17.67 Mil) to Dec. 2022 ($5.24 Mil) but then increased from Dec. 2022 ($5.24 Mil) to Dec. 2023 ($18.64 Mil).

Alternus Clean Energy's annual construction in progress declined from Dec. 2021 ($17.67 Mil) to Dec. 2022 ($5.24 Mil) but then increased from Dec. 2022 ($5.24 Mil) to Dec. 2023 ($18.64 Mil).

Alternus Clean Energy Construction In Progress Historical Data

The historical data trend for Alternus Clean Energy's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Alternus Clean Energy Construction In Progress Chart

Alternus Clean Energy Annual Data

Trend

Dec21

Dec22

Dec23

Construction In Progress

17.67

5.24

18.64

Alternus Clean Energy Semi-Annual Data
	Dec21	Dec22	Dec23
Construction In Progress	17.67	5.24	18.64

Alternus Clean Energy Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Alternus Clean Energy (Alternus Clean Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternus Clean Energy Inc (NAS:ALCE) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Blanchardstown Corporate Park 2, Suite 9 & 10 Plaza 212, Dublin, IRL, D15 R504

Website

https://www.alternusenergy.com

Alternus Clean Energy Inc is an international independent clean energy producer. It develops, installs, owns and operates a diverse portfolio of utility-scale solar photovoltaic power stations (PV parks) in Europe and in the USA as a long-term owner. The solar parks benefit from long-term government offtake contracts and/or Power Purchase Agreements (PPAs) with investment grade off-takers, plus energy sales to local power grids.

Alternus Clean Energy (Alternus Clean Energy) Headlines

From GuruFocus

Alternus Clean Energy, Inc. Announces Closing of $2.16 Million Private Placement of Convertible Notes and Warrants

By Marketwired • 04-22-2024