DUBLIN, Jan. 29, 2025 (GLOBE NEWSWIRE) -- via IBN -- Fusion Fuel Green PLC (Nasdaq: HTOO) (“Fusion Fuel” or the “Company”), a leading provider of comprehensive energy engineering, advisory and supply solutions, today announced the resignation of Gavin Jones as Chief Financial Officer and the appointment of Frederico Figueira de Chaves as Interim Chief Financial Officer, effective January 24, 2025. Mr. Jones has opted to pursue a new opportunity; however, he will continue to serve as Company Secretary and ha ...

DUBLIN, Jan. 29, 2025 (GLOBE NEWSWIRE) -- via IBN -- Fusion Fuel Green PLC (NASDAQ:HTOO) ("Fusion Fuel" or the "Company"), a leading provider of comprehensive energy engineering, advisory and supply solutions, today announced the resignation of Gavin Jones as Chief Financial Officer and the appointment of Frederico Figueira de Chaves as Interim Chief Financial Officer, effective January 24, 2025. Mr. Jones has opted to pursue a new opportunity; however, he will continue to serve as Company Secretary and has ...

DUBLIN, Jan. 24, 2025 (GLOBE NEWSWIRE) -- via IBN – Fusion Fuel Green PLC (Nasdaq: HTOO) (“Fusion Fuel” or the “Company”), a leading provider of full-service energy engineering and advisory solutions, is pleased to announce several significant developments in its Al Shola Gas (“Al Shola”) subsidiary, which continues to serve as a core driver of growth and profitability for the Company. Between November 2024 and January 2025, Al Shola secured new orders and renewals valued at approximately USD $3.5 million. ...

Company Overview - Fusion Fuel Green PLC (NASDAQ: HTOO) is an emerging leader in the energy services sector, offering a comprehensive suite of energy engineering and advisory solutions through its subsidiaries Al Shola Gas and BrightHy [2] - Al Shola Gas provides full-service industrial gas solutions, including the design, supply, and maintenance of liquefied petroleum gas (LPG) systems, as well as the transport and distribution of LPG to commercial, industrial, and residential sectors [2] - BrightHy, the company's newly launched hydrogen solutions platform, focuses on delivering innovative engineering and advisory services to enable decarbonization across hard-to-abate industries [2] Financial Updates - The company's pro forma stockholders' equity as of January 10, 2025, is approximately $12.0 million, reflecting the impact of several recently completed transactions [4] - These transactions include the acquisition of Quality Industrial Corp in November 2024, a private placement of $1.28 million in senior convertible notes, and entry into a $25 million equity line of credit on January 10, 2025 [4] - The company has undertaken these transactions to achieve and demonstrate long-term compliance with Nasdaq Listing Rule 5550(b)(1), which requires a minimum stockholders' equity of $2.5 million for continued listing on The Nasdaq Capital Market [6] Regulatory and Reporting - The company's pro forma balance sheet as of January 10, 2025, reflecting these transactions, was attached as an exhibit to a Report on Form 6-K furnished to the Securities and Exchange Commission on January 13, 2025 [1] - The report is available on the SEC's website and in the Investor Relations section of the company's website [1]

DUBLIN, Jan. 13, 2025 (GLOBE NEWSWIRE) -- via IBN – Fusion Fuel Green PLC (NASDAQ:HTOO) ("Fusion Fuel" or the "Company"), a leading provider of full-service energy engineering and advisory solutions, announced that it has closed a $1.28 million senior convertible notes private placement with certain institutional investors. In addition to the convertible notes, Fusion Fuel has also entered into an agreement with an institutional investor for a $25 million equity line of credit, which, upon the satisfaction ...

DUBLIN, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel Green Plc (NASDAQ: HTOO), a leading provider of energy and utility solutions, today announced it will host an Investor Update Presentation on Thursday, December 12, 2024, to discuss its recently announced transaction, introduce its group businesses, and share strategic plans and targets for the future. Presentation Agenda: The Investor Update will cover the following topics: Fusion Fuel Overview: Highlights of the business, recent developments, details o ...

Fusion Fuel Green (HTOO) has completed the previously announced acquisition of a 70% stake in Quality Industrial Corp. (“QIND”) through a share exchange. This aligns with Fusion Fuel's strategy to build a full-service energy engineering business by integrating capabilities in both the traditional and clean energy sectors to meet the demands of the global power and utilities market.Per the deal, HTOO will issue a combination of 19.99% of its ordinary shares, along with convertible preferred shares.Strategic ...

NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Ilustrato Pictures International Inc. (OTC: ILUS) (“ILUS” or the “Company”) is a mergers and acquisitions company focused on acquiring and growing businesses in the public safety and industrial sectors. On November 18, 2024, the Company signed a Stock Purchase Agreement with Fusion Fuel Green PLC (NASDAQ: HTOO) (“Fusion Fuel”) and certain other shareholders of Quality Industrial Corp. for Fusion Fuel to acquire a 69.36% stake in Quality Industrial Corp. (OTC: QIND ...

DUBLIN, Ireland, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel Green PLC (NASDAQ: HTOO) (“Fusion Fuel” or the “Company”), a leading green hydrogen technology and engineering company, today announced it has signed a binding agreement to acquire an approximately 70% ownership interest in Quality Industrial Corp., a Nevada corporation (“QIND”) (OTC PINK: QIND) from its controlling shareholders (“the QIND sellers”). QIND operates in the gas supply and services sector, with expertise across the industrial and ut ...

DUBLIN, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel Green Plc (“Fusion Fuel” or the “Company”) announced today that it has issued a damages claim against Hydrogenial S.A. (“Hydrogenial” or the “Investor”) and its principal, Mr. Norbert Bindner, following their failure to fund the $33.5 million Subscription Agreement disclosed in the Company’s Form 6-K on September 11, 2024. Under the terms of this agreement, entered into in good faith by the Company on August 28, 2024, the Investor committed to purchase a ...