Contract marks first agreement to connect into the Portuguese national gas grid; critical first step to creating European hydrogen economySABUGO, Portugal, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Fusion Fuel (NASDAQ: HTOO) announced today that the company has signed an offtake agreement with Portuguese natural gas utility Dourogás for green hydrogen produced from Fusion Fuel’s projects in Portugal. This represents Fusion Fuel’s first offtake contract aimed at blending green hydrogen within the Portugu
Visit follows approval of €36 million grant for Fusion Fuel’s Sines Green Hydrogen Valley Alliance through Component 5 of Portugal’s National Recovery and Resilience Plan; included tour of PEM electrolyzer factory and ceremonial declaration of grant approval 1 Prime Minister António Costa speaks with reporters at Fusion Fuel's PEM electrolyzer factory in Benavente, Portugal 1 Prime Minister António Costa speaks with reporters at Fusion Fuel's PEM electrolyzer factory in Benavente, Portugal SABUG
Sale leaseback transaction strengthens Fusion Fuel’s balance sheet and provides flexibility to fund future growth initiativesSABUGO, Portugal, Dec. 23, 2022 (GLOBE NEWSWIRE) -- Fusion Fuel (NASDAQ: HTOO) (“Fusion Fuel” or the “Company”) announced today that the Company has completed a sale and leaseback of its electrolyzer manufacturing factory in Benavente, Portugal to CORUM Eurion, an ESG certified real estate investment fund managed by CORUM Asset Management. The €9.3 million transaction gene