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Fusion Fuel Green PLC to Release a Mid-Year Investor Update on September 17, 2025
Globenewswire· 2025-08-27 12:00
Core Viewpoint - Fusion Fuel Green PLC will release an Investor Update Presentation and Video on September 17, 2025, to provide updates on financial results and strategic developments [1][2]. Company Overview - Fusion Fuel Green PLC (NASDAQ: HTOO) specializes in integrated energy engineering, distribution, and green hydrogen solutions through its Al Shola Gas and BrightHy Solutions platforms [3]. - The company operates in the LPG supply and hydrogen solutions sectors, supporting decarbonization across industrial, residential, and commercial sectors [3]. - Fusion Fuel is headquartered in Ireland and has operations in Europe and the Middle East [3]. Upcoming Events - The Investor Update Presentation and Video will be available on the company's Investors page on its website [2]. - Management will discuss updates on the company's activities in Al Shola Gas and BrightHy Solutions, along with other strategic developments [2].
Fusion Fuel Green PLC Provides Shareholder Update on Strategic Progress and Outlook
Globenewswire· 2025-07-16 12:00
Core Insights - Fusion Fuel Green PLC has made significant progress in regaining compliance with Nasdaq listing requirements through a 1-for-35 reverse stock split, effective July 14, 2025, to meet the minimum bid price requirement of $1.00 per share [1] - The company has restructured its capital following the insolvency of its Portuguese subsidiary, acquiring a controlling stake in Quality Industrial Corp. and its profitable subsidiary, Al Shola Al Modea Gas Distribution LLC, which is projected to generate approximately $20 million in revenue for 2025 [1][2] - Al Shola Gas has shown strong momentum with approximately $3.5 million in new orders and renewals from November 2024 to January 2025, and over $2.7 million in engineering and utility contracts secured between March and May 2025 [3] - The company is actively pursuing strategic mergers and acquisitions, including a potential acquisition of a UK-based fuel distribution company valued at approximately £50 million, aimed at enhancing its operational footprint in Europe [3][5] - Bright Hydrogen Solutions, a subsidiary of Fusion Fuel, has entered into a non-exclusive agency agreement with Sungrow to deploy electrolyzer solutions in Iberia, focusing on clean energy and green hydrogen plant deployment [3][5] Financial and Operational Developments - The company secured approximately $2.58 million in financing from private placements of senior convertible notes and warrants, along with a $25 million equity line agreement to stabilize its capital structure [1] - Al Shola Gas has added over 1,800 residential service contracts and two commercial service contracts since January 2025, contributing an estimated recurring revenue of $0.9 million annually [3] - In June 2025, Al Shola Gas secured approximately $1.2 million in engineering and utility projects, reinforcing its contract momentum [3] Strategic Outlook - The company is focused on scaling its hydrogen platform and pursuing disciplined, accretive mergers and acquisitions to drive long-term shareholder value [2] - CEO John-Paul Backwell emphasized the importance of disciplined execution in addressing legacy issues and building growth momentum through new orders and contract renewals [4] - The company anticipates closing 2025 with a stronger balance sheet and a larger portfolio, clearly defining its trajectory for long-term shareholder value [5]