Fusion Fuel Closes $1.3 Million Follow-On Financing

Core Insights - Fusion Fuel Green PLC has successfully closed a $1.3 million private placement of senior convertible notes with institutional investors, enhancing its financial position [1][3] - The senior convertible notes were issued at a 23$1.0 million, maturing in August 2026 and carrying an 8% annual interest rate [2] - The financing is expected to provide additional working capital, reinforcing investor confidence in the company's long-term strategy [3] Company Overview - Fusion Fuel Green PLC is a leader in the energy services sector, offering energy engineering and advisory solutions through its Al Shola Gas and BrightHy brands [5] - Al Shola Gas provides comprehensive industrial gas solutions, including LPG systems design, supply, and maintenance, serving various sectors [5] - BrightHy focuses on innovative engineering and advisory services aimed at decarbonization in hard-to-abate industries [5]