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NextNRG Expands Mobile Fueling Operations to Fort Myers, Florida
Globenewswire· 2025-10-01 13:15
Core Insights - NextNRG has launched a new mobile fueling hub in Fort Myers, Florida, enhancing its position as a leading mobile fueling provider on the Florida Gulf Coast [1][4] - The expansion aims to serve both large commercial clients and local businesses, addressing the growing demand for efficient fueling solutions in a region with significant e-commerce activity [2][4] - This move is part of NextNRG's broader growth strategy, which focuses on establishing a strong presence in key markets while expanding its national footprint [3][4] Company Strategy - The Fort Myers hub reflects NextNRG's strategy of anchoring large commercial clients while simultaneously building a local customer base around each hub [3] - The company is committed to providing a complete suite of energy solutions, which includes mobile fueling services and integrated energy management systems [3][4] - NextNRG's growth trajectory has accelerated in 2025, with revenues exceeding previous year's figures and strong projections for record performance by fiscal year-end [3] Technological Integration - NextNRG integrates artificial intelligence (AI) and machine learning (ML) into its operations, optimizing utility infrastructure and energy management [5][6] - The company operates one of the largest on-demand fueling fleets in the nation and is advancing wireless charging technologies to support fleet electrification [6]
Fusion Fuel Receives First Payment in Sale of Shares of P2X Spain
Globenewswire· 2025-07-23 12:00
Core Insights - Fusion Fuel Green PLC has received the first payment related to the sale of its 50% equity interest in P2X Spain to EREE Desarrollos Empresariales, S.L. [1][2] - The payment of €370,100 is part of a total payment structure of €515,100 as per the definitive agreement dated February 7, 2025 [2]. Company Overview - Fusion Fuel Green PLC provides integrated energy solutions, focusing on green hydrogen through its AlShola Gas and BrightHy Solutions platforms [3]. - The company supports decarbonization across various sectors, including industrial, residential, and commercial [3]. Transaction Details - The sale involved the transfer of 1,500 shares, representing 50% of P2X Spain, completed on December 19, 2024 [2]. - The transaction was conditioned on certain subsequent required conditions, which included specific payments [2]. Future Outlook - The Interim Chief Financial Officer expressed optimism about future collaboration opportunities with EREE and P2X Spain in the green hydrogen sector [3].