Fusion Fuel Green (NASDAQ: HTOO) announced the closing of a $1.3 million private placement of senior convertible notes with institutional investors. Issued at an average original issue discount of 23%, the notes have an 8% annual interest rate and mature in August 2026. The financing also includes warrants for noteholders, providing additional equity participation. CEO John-Paul Backwell highlighted the investment as a testament to investor confidence in the company’s long-term strategy. Proceeds will support Fusion Fuel’s working capital and reinforce its position as a diversified energy services provider.
To view the full press release, visit https://ibn.fm/uNdEw
About Fusion Fuel Green PLC
Fusion Fuel Green PLC (NASDAQ: HTOO) is an emerging leader in the energy services sector, offering a comprehensive suite of energy engineering and advisory solutions through its Al Shola Gas and BrightHy subsidiaries. Al Shola Gas provides full-service industrial gas solutions, including the design, supply, and maintenance of liquefied petroleum gas (LPG) systems, as well as the transport and distribution of LPG to a broad range of customers across commercial, industrial, and residential sectors. BrightHy, the Company’s newly launched hydrogen solutions platform, focuses on delivering innovative engineering and advisory services that enable decarbonization across hard-to-abate industries.
For more information, visit the company’s website at https://www.fusion-fuel.eu
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