Company Overview - Fusion Fuel Green PLC is a leading provider of gas and hydrogen energy solutions, focusing on energy engineering and advisory services through its Al-Shola Gas and BrightHy brands [3]. Recent Developments - Luisa Ingargiola has been appointed to the Board of Directors as chairperson of the Audit Committee, effective February 24, 2025, replacing Rune Magnus Lundetrae, who remains a board member [1]. - Following this appointment, the Board will consist of six directors, with four identified as "independent directors" under Nasdaq Listing Rules [1]. Leadership Insights - Jeffrey Schwarz, Chairman of Fusion Fuel, emphasized Ms. Ingargiola's extensive experience in public company governance and financial oversight, highlighting her potential to drive long-term value creation for the company [2]. - Ms. Ingargiola currently serves as CFO of Avalon GloboCare Corp and has a background as CFO and co-founder of BBHC, Inc., showcasing her strong financial leadership [2].

Core Points - Fusion Fuel Green PLC has been found in compliance with Nasdaq Listing Rule 5550(b)(1), which requires a minimum stockholders' equity of $2,500,000, and has been granted an exception for continued listing on the Nasdaq Stock Market [1] - The company must demonstrate compliance with Nasdaq Listing Rule 5620(a) by holding an annual shareholder meeting by June 29, 2025, and must meet the Minimum Bid Price Requirement of $1.00 per share by July 28, 2025 [2] Company Overview - Fusion Fuel Green PLC is an emerging leader in the energy services sector, providing a comprehensive suite of energy engineering and advisory solutions through its Al Shola Gas and BrightHy brands [3] - Al Shola Gas offers full-service industrial gas solutions, including design, supply, and maintenance of liquefied petroleum gas (LPG) systems, as well as transport and distribution to various sectors [3] - BrightHy focuses on delivering innovative engineering and advisory services aimed at enabling decarbonization in hard-to-abate industries [3]

Core Viewpoint - Fusion Fuel Green PLC has received approval from Nasdaq to transfer its Class A Ordinary Shares and publicly-traded warrants to The Nasdaq Capital Market, effective February 3, 2025, providing the company with additional time to regain compliance with listing requirements [1][4]. Group 1: Nasdaq Transfer and Compliance - The transfer to The Nasdaq Capital Market grants the company an additional 180 calendar days, until July 28, 2025, to meet the minimum bid price requirement of $1.00 per share [2]. - The company plans to take necessary actions, including a potential reverse share split, to regain compliance with the minimum bid price requirement [2][3]. - If the closing bid price reaches at least $1.00 for ten consecutive business days during this period, the company will receive written confirmation of compliance [2]. Group 2: Annual Meeting Requirement - The company was notified that it no longer complies with Nasdaq Listing Rule 5620(a) due to not holding an annual meeting of shareholders within twelve months of the fiscal year-end on December 31, 2023 [3]. - There is uncertainty regarding the company's ability to regain compliance with both the minimum bid price and annual meeting requirements [3]. Group 3: Company Operations and Strategy - The company does not expect a material impact on its equity trading due to the transfer, as both markets operate similarly [4]. - The CEO expressed confidence in the transfer and the additional time to regain compliance, emphasizing a renewed focus on strategic initiatives and delivering value to shareholders [4]. - Fusion Fuel Green PLC is positioned as a leader in the energy services sector, offering energy engineering and advisory solutions through its subsidiaries, Al Shola Gas and BrightHy [5].

Core Viewpoint - Fusion Fuel Green PLC 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 [1][2][3] Management Changes - Gavin Jones resigned to pursue a new opportunity but will continue as Company Secretary to ensure a smooth transition [1][3] - Frederico Figueira de Chaves, who previously served as CFO from 2020 to 2023, will take on the interim CFO role while maintaining his current responsibilities as Chief Strategy Officer and Head of Hydrogen Solutions [2][3] Company Strategy and Focus - The appointment of Frederico Figueira de Chaves comes at a critical time as the company advances its strategic priorities, particularly in expanding its hydrogen solutions and gas services businesses [3] - Fusion Fuel aims to reinforce its position as a leader in integrated energy solutions, leveraging Figueira de Chaves' expertise in the hydrogen ecosystem and financial stewardship [3] Company Overview - Fusion Fuel Green PLC is an emerging leader in the energy services sector, providing energy engineering and advisory solutions through its subsidiaries, Al Shola Gas and BrightHy [4] - Al Shola Gas offers full-service industrial gas solutions, while BrightHy focuses on innovative engineering and advisory services for decarbonization in hard-to-abate industries [4]

Core Viewpoint - Fusion Fuel Green PLC has 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, marking a significant leadership transition within the company [1][2][3] Group 1: Leadership Changes - Gavin Jones has resigned to pursue a new opportunity but will continue to serve as Company Secretary, ensuring a smooth transition [1] - Frederico Figueira de Chaves, who previously served as CFO from 2020 to 2023, will take on the interim CFO role while maintaining his current responsibilities as Chief Strategy Officer and Head of Hydrogen Solutions [2] - The Board of Directors expressed gratitude for Jones's contributions, highlighting his role in establishing a strong foundation for the company's growth [3] Group 2: Strategic Importance - The appointment of Figueira de Chaves comes at a crucial time as Fusion Fuel focuses on expanding its hydrogen solutions and gas services businesses [3] - Figueira de Chaves's extensive experience in financial stewardship and strategic planning is expected to guide the company through its next growth phase [3] Group 3: Company Overview - Fusion Fuel Green PLC is a leader in the energy services sector, providing energy engineering and advisory solutions through its subsidiaries, Al Shola Gas and BrightHy [4] - Al Shola Gas offers full-service industrial gas solutions, while BrightHy focuses on innovative engineering and advisory services for decarbonization in hard-to-abate industries [4]

Core Insights - Fusion Fuel Green PLC has announced significant developments in its Al Shola Gas subsidiary, which is a key driver of growth and profitability for the company [1][3] Group 1: Business Developments - Al Shola secured new orders and renewals valued at approximately USD $3.5 million between November 2024 and January 2025, including an exclusive LPG supply contract renewal in the residential sector and various supply and installation projects across manufacturing, hospitality, and construction sectors [2] - The CEO of Fusion Fuel highlighted that the gas business generates meaningful cash flows in core Middle Eastern markets, indicating a strong foundation for the company [3] Group 2: Future Growth Potential - The company sees tremendous potential for growth with additional investments in infrastructure, particularly to expand bulk LPG supply capabilities, which could unlock new revenue streams [3] - Fusion Fuel aims to broaden its geographical reach, expand service offerings, and increase capacity to meet growing customer demand in the Middle East and beyond [3] Group 3: Company Overview - Fusion Fuel Green PLC is an emerging leader in the energy services sector, providing a comprehensive suite of energy engineering and advisory solutions through its Al Shola Gas and BrightHy subsidiaries [4] - Al Shola Gas offers full-service industrial gas solutions, including design, supply, and maintenance of LPG systems, while BrightHy focuses on innovative engineering and advisory services for decarbonization in hard-to-abate industries [4]

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 ...

Group 1: Acquisition Overview - Fusion Fuel Green (HTOO) has completed the acquisition of a 70% stake in Quality Industrial Corp. (QIND) through a share exchange, aligning with its strategy to build a full-service energy engineering business [1] - The deal involves HTOO issuing 19.99% of its ordinary shares along with convertible preferred shares [1] Group 2: Strategic Benefits - QIND, headquartered in Dubai, specializes in the energy sector and serves nearly 40,000 customers across the Middle East, with reported revenues of $11 million and net income of $1.8 million in 2023 [2] - The combination of Fusion Fuel and QIND is expected to create significant synergies, particularly in the clean hydrogen sector and gas utility value chain [3] Group 3: Market Expansion - The acquisition will enable QIND to expand its offerings in European markets, where demand for gas engineering expertise is rising [4] - Fusion Fuel will extend its hydrogen engineering services in the Middle East, which is experiencing growing demand and investment in clean energy [4] Group 4: Business Strategy Adjustment - Following the insolvency filing of Fusion Fuel's Portuguese subsidiary, the company is recalibrating its business strategy to focus on enhancing hydrogen engineering and advisory offerings [5] Group 5: Price Performance - HTOO's shares have decreased by 74.3% over the past year, contrasting with the industry's growth of 24.2% [6] Group 6: Zacks Rank and Comparisons - Fusion Fuel currently holds a Zacks Rank of 3 (Hold), while Graham Corporation (GHM) has a Zacks Rank of 1 (Strong Buy) [7] - GHM's 2024 earnings estimate indicates a year-over-year growth of 145.2%, with shares gaining 135.8% in a year [8] - Federal Signal Corporation (FSS) and RBC Bearings Incorporated (RBC) also show positive growth, with FSS's shares gaining 40% and RBC's shares gaining 37.5% in a year [9]