Curated News
By: NewsRamp Editorial Staff
May 22, 2025
Fusion Fuel Green Subsidiary Al Shola Gas Secures $2.7M in Contracts
TLDR
- Fusion Fuel Green's subsidiary secures $2.7M in new contracts and boosts revenue, serving 12,000+ customers, appealing to competitive advantage seekers.
- Al Shola Gas, a majority-owned subsidiary, adds 1,800 residential and 2 commercial contracts, aiming to reach 800 MT of LPG by year-end.
- Fusion Fuel Green PLC provides full-service industrial gas solutions, focusing on decarbonization to create a greener, more sustainable future.
- GreenEnergyStocks offers a specialized platform for companies shaping the green economy, delivering news and insights to a wide audience.
Impact - Why it Matters
This news matters as it showcases the growth and success of Fusion Fuel Green's subsidiary, Al Shola Gas, in securing new contracts and expanding its customer base. The significant increase in revenue and customer acquisition highlights the company's positive trajectory in the energy services sector.
Summary
Fusion Fuel Green (NASDAQ: HTOO) announced its majority-owned subsidiary, Al Shola Gas, secured $2.7 million in engineering contracts and added over 1,800 service contracts and two commercial contracts. The subsidiary now serves 12,000 customers and supplies 600 MT of LPG monthly, with plans to reach 800 MT by year-end.
Source Statement
This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, Fusion Fuel Green Subsidiary Al Shola Gas Secures $2.7M in Contracts
