The first liquid-phase green chemiluminescence (CL) of the divalent europium Eu 2+ * at the study of interactions in the systems EuL3•(Н2О)x-THF-Bu i 2AlH-O2 (L = acac, dpm, fod, and CH3COO; x = 0, 1, 6; Bu i = iso-C4H9) was discovered. The attack of Bu i 2AlH on the water of crystallization of complexes EuL3•(Н2О)x affords aluminoxane (Bu i 2Al)2O, hydrogen, and isobutane. The reaction of Bu i 2AlH and EuL3-moiety of the initial Eu 3+ complexes leads to the previously no synthesized divalent europium complexes EuL2•(THF)2, which were isolated and characterized by elemental and spectral analysis in the present work. In the reaction solutions, these complexes are associated in a bulky complexes with an excess of diisobutylaluminum hydride EuL2•(THF)2-Bu i 2AlH. The measured spectra of CL and photoluminescence (PL) of yellow-green reaction solutions in both cases consist of one broad band with λmax = 555±10 nm due to the emission of the electronexcited state of the Eu 2+ * ion (4f 6 5d 1 →4f 7 transition), a part of the bulky complex EuL2•(THF)2-Bu i 2AlH. The lifetime of the excited states, PL, and CL quantum yields of the Eu 2+* ion in the EuL2•(THF)2-Bu i 2AlH complexes were determined. A mechanism ("indirect CL") is proposed to explain the generation of the green CL. The primary emitter triplet-excited isobutyric aldehyde 3 Rշ C(H)=O* (Rշ = iso-C3H7) is formed in the disproportionation reaction of peroxyl radicalsintermediates of Bu i 2AlH oxidation by oxygen. The exited 3 Rշ C(H)=O* molecules transfer energy to Eu 2+ ion converting it into the eleсtronically exited state Eu 2+ *, which is then deactivated by emitting quanta of green light due to the 4f 6 5d 1 →4f 7 transition. It was found that for a divalent Eu 2+ unlike to trivalent Ln 3+ ions, replacement of the inorganic anion-ligand Cl -(complex EuCl2•(THF)2-Bu i 2AlH) with organic one L (complex EuL2•(THF)2-Bu i 2AlH) decreases the CL and PL intensity and leads to the green-shift of the luminescence maximum of Eu 2+* from the blue (λmax = 465 nm) to the green (λmax = 555 nm) region. The high brightness and duration of the CL, visible to the naked eye in the system Eu(fod)3-THF-Bu i 2AlH-O2, make it promising as a chemical source of green light.