Jeff Grampp

Christian

- Fusion Fuel Green PLC (HTOO) has signed a definitive Joint Venture Agreement with Alien Fuel to establish **Biosteam Energy Proprietary Ltd** for the **Fairfield Industrial Decarbonization Project** in Howick, KwaZulu-Natal, South Africa.  **[1819794_9b140e7f86614b328e6695c75b65006f_0]** 
- Fusion Fuel will hold a **51% ownership stake** in Biosteam Energy, which will manage the financing, construction, and operation of a biomass-powered steam generation system at Fairfield Dairy.  **[1819794_9b140e7f86614b328e6695c75b65006f_0]** 
- The new system is expected to be operational in the **first quarter of 2026** and Fusion Fuel will advance a loan of **R10 million** (approximately **€480,000**) to fund the joint venture.  **[1819794_9b140e7f86614b328e6695c75b65006f_0]** 
- The Joint Venture Agreement also grants Fusion Fuel a **right of first refusal** to participate in new projects within Biosteam Energy’s business scope.  **[1819794_9b140e7f86614b328e6695c75b65006f_0]** 
- Separately, Fusion Fuel has ongoing discussions regarding the acquisition of a UK fuel distribution company and plans an Extraordinary General Meeting on November 7, 2025, to seek authorization for increased share capital to support potential large-scale acquisitions.  **[1819794_9b140e7f86614b328e6695c75b65006f_1]**

Fusion Fuel Green PLC Establishes Joint Venture for South African Decarbonization Project

- Fusion Fuel Green PLC will convene an **Extraordinary General Meeting (EGM) on November 6, 2025**, to seek shareholder approval for the election of two new directors and to delegate authority to the Board to increase its authorized share capital.  **[1819794_56ff6b620dba4493b4b1ee2d60912224_0]** 
- The Company proposes the appointment of **Pierce Crosby** and **Steven Gold** as independent Class II Directors, bringing experience in fintech, financial markets, capital markets, and the natural resources sector.  **[1819794_56ff6b620dba4493b4b1ee2d60912224_0]** 
- **Jeffrey Schwarz** and **Rune Lundetræ** will step down from the Board following the EGM, after five years of service.  **[1819794_56ff6b620dba4493b4b1ee2d60912224_1]** 
- The requested authority to increase share capital is intended to provide **flexibility for potential large-scale strategic transactions**, including digital and commodity asset treasury initiatives, which are currently under discussion.  **[1819794_56ff6b620dba4493b4b1ee2d60912224_0]** **[1819794_56ff6b620dba4493b4b1ee2d60912224_1]**

Fusion Fuel Green Announces Extraordinary General Meeting and Board Changes

- Fusion Fuel Green's indirectly held Al Shola Gas (ASG) secured new operational and utility contracts in September 2025, including a major utility contract with a **$100,000** project fee and **$300,000** in annual recurring revenue, and engineering/installation contracts valued at approximately **$430,000**.  **[1819794_4f3d4686c9424220940033cc9a383247_0]** 
- Additionally, ASG commissioned six new boiler systems, expected to generate approximately **$200,000** in additional annual recurring revenue.  **[1819794_4f3d4686c9424220940033cc9a383247_0]** 
- ASG announced a strategic expansion into the northern emirates of the UAE, planning investments in human resources, infrastructure, and assets over the next **12-18 months**.  **[1819794_4f3d4686c9424220940033cc9a383247_0]**  This expansion targets a region accounting for roughly one-third of the UAE's population and is a fast-growing economic hub.  **[1819794_4f3d4686c9424220940033cc9a383247_0]**

Fusion Fuel Green's Al Shola Gas Secures New Contracts and Announces UAE Expansion

- Fusion Fuel Green reported **€6.93 million** in revenues for H1 2025 and a **loss attributable to the parent of €2.35 million**, a significant reduction from H1 2024.  **[1819794_2146156:8]** 
- The company provided **2025 full-year revenue guidance of €17.4 million**, with **€16.9 million** expected from Al Shola Gas and **€0.5 million** from BrightHy, though a net loss is still anticipated for the year.  **[1819794_2146156:10]** 
- Fusion Fuel Green successfully regained Nasdaq compliance for minimum bid price and annual general meeting requirements on **August 5, 2025**, maintaining its listing.  **[1819794_2146156:7]** 
- Key capital activities include issuing **$2.6 million** in senior convertible notes in H1 2025, converting **$2.28 million** of notes in 2H 2025, and launching a **$4.3 million** private placement.  **[1819794_2146156:7]** **[1819794_2146156:9]** 
- Strategic developments include progress on the acquisition of a UK-based fuel distribution company with forecasted **£50 million** revenue in 2026, and BrightHy Solutions signing a non-binding term sheet for a project-funding partnership of up to **€30 million**.  **[1819794_2146156:7]** **[1819794_2146156:14]**

Fusion Fuel Green Reports H1 2025 Results and Provides 2025 Guidance

- Fusion Fuel Green reported a significant turnaround in H1 2025, addressing **NASDAQ delisting issues** and achieving compliance, including executing a **1-for-35 reverse stock split** and raising **over $8 million**.  **[1819794_2146165_1]** **[1819794_2146165_2]** 
- The company recorded **€6.9 million in revenues** for H1 2025, primarily from Alshola Gas, representing a **70% increase** compared to adjusted 2024 revenues, while operating costs decreased by **54%**.  **[1819794_2146165_1]** **[1819794_2146165_2]** **[1819794_2146165_3]** 
- Fusion Fuel is pursuing an aggressive M&A strategy, including negotiations for a **UK-based fuel distribution company** with over **$50 million in annual revenue** and a joint venture with Alien Energy in South Africa expected to generate **$700,000 in annual returns** starting in 2026.  **[1819794_2146165_6]** 
- Bright Hydrogen Solutions, the company's hydrogen subsidiary, has secured agent agreements, won several tender offers, and is advancing a non-binding term sheet for a **€30 million capital commitment** for a new hydrogen investment vehicle.  **[1819794_2146165_2]** **[1819794_2146165_4]** 
- The company expects to deliver **€17.4 million in revenues for FY 2025** and aims to drive revenue well beyond **$75 million in 2026** through organic growth and strategic acquisitions.  **[1819794_2146165_3]** **[1819794_2146165_7]**

Fusion Fuel Green Reports Significant H1 2025 Turnaround and Growth

- Fusion Fuel Green PLC has executed a Heads of Terms with Alien Energy (Pty) Ltd to establish a **joint venture** for a biomass-powered steam energy project at a large-scale dairy processing facility in South Africa.  **[1819794_dd39944e1ff84c23ae47e4c21c4f1b03_0]** 
- The project aims to replace a fossil-fuel-based steam generation system with a **proprietary carbon-neutral biomass system**, targeting significant scope 1 and scope 2 emissions reductions and enabling industrial decarbonization.  **[1819794_dd39944e1ff84c23ae47e4c21c4f1b03_0]** 
- Fusion Fuel will hold a **51% ownership stake** in the joint venture and plans to invest **ZAR 10 million (approximately €480,000)** over the plant's installation to fund construction and commissioning.  **[1819794_dd39944e1ff84c23ae47e4c21c4f1b03_0]** 
- The project is expected to generate recurring annual revenues for the joint venture through a long-term steam supply agreement, with Fusion Fuel benefiting from **51% of these revenues** and revenue sharing from verified carbon credits.  **[1819794_dd39944e1ff84c23ae47e4c21c4f1b03_0]** 
- The transaction is intended to close on or before **October 1, 2025**, with project commissioning targeted to commence around the end of **2025**.  **[1819794_dd39944e1ff84c23ae47e4c21c4f1b03_1]**

Fusion Fuel Green (HTOO)