Fusion Fuel Green PLC Provides Shareholder Update on Strategic Progress and Outlook\n\nRhea-AI Impact (Moderate) Rhea-AI Sentiment (Neutral) Tags Rhea-AI Summary\n\nFusion Fuel Green PLC (NASDAQ: HTOO), a green hydrogen solutions provider, has announced significant strategic developments and operational progress. The company completed a 1-for-35 reverse stock split to regain Nasdaq compliance and secured approximately $2.58 million in financing plus a $25 million equity line agreement.\n\nThrough its subsidiary Al Shola Gas, the company has secured multiple contracts totaling over $7.4 million in new orders and renewals, targeting $20 million in revenue for 2025. The company has also entered into negotiations for a £50 million acquisition of a UK-based fuel distribution company and established a partnership with Sungrow for electrolyzer solutions in Iberia.\n\nFusion Fuel Green PLC (NASDAQ: HTOO), proveedor de soluciones de hidrógeno verde, ha anunciado importantes avances estratégicos y operativos. La compañía completó una consolidación de acciones inversa 1 por 35 para recuperar el cumplimiento con Nasdaq y aseguró aproximadamente 2,58 millones de dólares en financiamiento junto con un acuerdo de línea de capital por 25 millones de dólares.\n\nA través de su subsidiaria Al Shola Gas, la empresa ha obtenido múltiples contratos que suman más de 7,4 millones de dólares en nuevos pedidos y renovaciones, con el objetivo de alcanzar 20 millones de dólares en ingresos para 2025. También ha iniciado negociaciones para una adquisición de 50 millones de libras de una compañía distribuidora de combustible en Reino Unido y ha establecido una alianza con Sungrow para soluciones de electrolizadores en Iberia.\n\nFusion Fuel Green PLC (NASDAQ: HTOO), un proveedor de soluciones de hidrógeno verde, ha anunciado importantes avances estratégicos y operativos. La empresa ha completado una consolidación de acciones inversa 1 por 35 para recuperar el cumplimiento con Nasdaq y ha asegurado aproximadamente 2,58 millones de dólares en financiamiento junto con un acuerdo de línea de capital por 25 millones de dólares.\n\nA través de su subsidiaria Al Shola Gas, la empresa ha obtenido múltiples contratos que suman más de 7,4 millones de dólares en nuevos pedidos y renovaciones, con el objetivo de alcanzar 20 millones de dólares en ingresos para 2025. También ha iniciado negociaciones para una adquisición de 50 millones de libras de una compañía distribuidora de combustible en Reino Unido y ha establecido una alianza con Sungrow para soluciones de electrolizadores en Iberia.\n\nFusion Fuel Green PLC (NASDAQ: HTOO), a green hydrogen solutions provider, has announced significant strategic developments and operational progress. The company completed a 1-for-35 reverse stock split to regain Nasdaq compliance and secured approximately $2.58 million in financing plus a $25 million equity line agreement.\n\nThrough its subsidiary Al Shola Gas, the company has secured multiple contracts totaling over $7.4 million in new orders and renewals, targeting $20 million in revenue for 2025. The company has also entered into negotiations for a £50 million acquisition of a UK-based fuel distribution company and established a partnership with Sungrow for electrolyzer solutions in Iberia.\n\nFusion Fuel Green PLC (NASDAQ: HTOO) has stabilized operations through restructuring, acquisitions, and new financing after subsidiary insolvency, creating a path to Nasdaq compliance and growth.\n\nFusion Fuel's update reveals a company executing a classic turnaround strategy following significant distress. The 1-for-35 reverse stock split addresses immediate Nasdaq compliance concerns but indicates the severe share price deterioration that preceded this action. This comes in the wake of the company's Portuguese subsidiary entering insolvency in 2024 - a fundamental restructuring that dramatically altered the company's operational foundation.\n\nThe acquisition of Al Shola Gas represents the cornerstone of their recovery strategy, bringing in a profitable business targeting $20 million in 2025 revenue. This established business provides immediate cash flow, with $3.5 million in orders between November-January, $2.7 million in contracts March-May, and another $1.2 million in June. The addition of 1,800+ residential service contracts creates $0.9 million in recurring annual revenue - particularly valuable for stabilizing cash flows.\n\nFinancially, management has secured $2.58 million through convertible notes and warrants, plus a $25 million equity line agreement. While this provides near-term liquidity, the convertible structure suggests the company faced limited financing options, likely accepting potentially dilutive terms to ensure survival.\n\nThe potential £50 million acquisition of a UK fuel distributor shows ambition but raises questions about execution capacity given the company's recent financial challenges. Similarly, the Sungrow partnership establishes a foothold in green hydrogen but requires significant capital to materialize into substantial revenue.\n\nThis update reflects a company that has taken decisive steps to survive an existential crisis, stabilized operations, and created a framework for potential recovery - but significant execution risks remain as they balance rebuilding the core business while pursuing ambitious growth.\n\nNasdaq Compliance Progress\nThe company has taken a number of steps to regain compliance with its Nasdaq listing requirements. Most recently, the Company completed a 1-for-35 reverse stock split of its listed Class A Ordinary Shares, which began trading on a split-adjusted basis on July 14, 2025. This action was taken to enable the Company to regain full compliance with Nasdaq’s continued listing requirements, including Nasdaq’s minimum bid price requirement of $1.00 per share.\n\nCorporate and Capital Restructuring\nFollowing the 2024 insolvency filing of its Portuguese subsidiary and related damages claim issued against an investor and its principal, Fusion Fuel acquired a controlling stake of Quality Industrial Corp., and its profitable operating business, Al Shola Al Modea Gas Distribution LLC (“Al Shola Gas”), which is targeting approximately $20 million in revenue for 2025. In January and February 2025, the Company secured approximately $2.58 million in financing from private placements of senior convertible notes and warrants, and signed a $25 million equity line agreement, in order to stabilize its capital structure.\n\nAl Shola Gas Subsidiary Momentum\nBetween November 2024 and January 2025, Al Shola Gas recorded approximately $3.5 million in new orders and renewals, including an exclusive LPG supply renewal and projects across the manufacturing, hospitality, and construction sectors. Between March and May 2025, Al Shola Gas secured over $2.7 million in engineering and utility contracts. Since the beginning of January 2025, Al Shola Gas has added more than 1,800 residential service contracts and two commercial service contracts to its portfolio for estimated recurring revenue of $0.9 million annually. In June 2025, Al Shola secured approximately $1.2 million in engineering and utility projects, reinforcing strong contract momentum.\n\nStrategic M&A and Partnership Pipeline\nIn May 2025, the Company entered into a non-binding Heads of Terms to acquire a UK-based fuel distribution company through a structured transaction valued at approximately £50 million. The acquisition is intended to complement its Al Shola Gas subsidiary and further strengthen the Company’s operating footprint within Europe. Also in May, Bright Hydrogen Solutions Ltd. (“BrightHy Solutions”) – the Company’s hydrogen solutions subsidiary – entered into a non-exclusive agency agreement with Sungrow Hydrogen Sci. & Tech. Co. Ltd. (“Sungrow”) to deploy electrolyzer solutions in Iberia focused on clean energy and green hydrogen plant deployment. BrightHy Solutions continues to seek strategic relationships that support its vision of advancing green hydrogen through innovative, sustainable, and safety-driven solutions. The Company expects to provide further updates in the coming weeks.\n\nNear-Term Outlook\nWith critical steps taken to address its Nasdaq compliance issues, alongside expected growth generated from the Company’s Al Shola Gas platform and recent strategic business relationship development by its BrightHy Solutions subsidiary, Fusion Fuel affirms its positive trajectory. The Company remains focused on scaling its hydrogen platform and pursuing disciplined, accretive M&A, with active acquisition negotiations underway to drive long-term shareholder value.\n\nCEO John-Paul Backwell noted, “This past year demanded disciplined execution—and that’s exactly what we’ve delivered. We’ve addressed legacy listing and liquidity issues, injected fresh capital, and built real growth momentum from Al Shola Gas’s new orders, contract renewals, and recurring revenue.\n\n“We are executing on our multi-energy platform—bolstered by the Sungrow agreement with BrightHy Solutions and the expansion potential with a substantial UK energy distribution footprint—while accelerating our hydrogen growth curve and advancing our energy transition efforts through BrightHy Solutions. I fully expect us to close 2025 with a stronger balance sheet, a larger portfolio, and a clearly defined trajectory for long-term shareholder value.”\n\nAbout Fusion Fuel Green PLC\nFusion Fuel Green PLC (NASDAQ: HTOO) provides integrated energy engineering, distribution, and green hydrogen solutions through its Al Shola Gas and BrightHy platforms. With operations spanning LPG supply to hydrogen solutions, the Company supports decarbonization across industrial, residential, and commercial sectors.\n\nForward-Looking Statements\nThis press release includes “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance. In some cases, you can identify these statements because they contain words such as “may,” “will,” “believes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “should,” “seeks,” “future,” “continue,” “plan,” “target,” “predict,” “potential,” or the negative of such terms, or other comparable terminology that concern the Company’s expectations, strategy, plans, or intentions. Forward-looking statements relating to expectations about future results or events are based upon information available to the Company as of today’s date and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. The Company’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those described, including, without limitation, the risks and uncertainties described under Item 3. “Key Information – D. Risk Factors” and elsewhere in the Company’s Annual Report on Form 20-F filed with the SEC on May 9, 2025 (the “Annual Report”), and other filings with the SEC. Should any of these risks or uncertainties materialize, or should the underlying assumptions about the Company’s business and the commercial markets in which the Company operates prove incorrect, actual results may vary materially from those described as anticipated, estimated or expected in the Annual Report. All subsequent written and oral forward-looking statements concerning the Company or other matters and attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. The Company does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof, except as required by law.

Fusion Fuel Strategic Update: £50M UK Deal, $20M Revenue Target, and Major Nasdaq Compliance Win

Fusion Fuel Green PLC (NASDAQ: HTOO), a green hydrogen solutions provider, announced strategic progress including a 1-for-35 reverse stock split to regain Nasdaq compliance, $2.58M in financing, and a £50M UK fuel distribution acquisition. The company also secured $7.4M in contracts through its subsidiary Al Shola Gas, targeting $20M in 2025 revenue, and partnered with Sungrow for electrolyzer solutions in Iberia.