Fusion Fuel Green PLC: A Strategic Leap Forward

In a pivotal moment for Fusion Fuel Green PLC, the company announced that all shareholder proposals were approved at their Annual General Meeting (AGM) on June 25, 2025. This crucial approval, reported by both StockTitan and GlobeNewswire, satisfies Nasdaq’s requirements following a delisting notice and sets the stage for a planned share consolidation. This move is aimed at meeting the exchange’s $1.00 minimum bid price requirement, a significant step for the company listed on Nasdaq under the ticker HTOO.

CEO John-Paul Backwell highlighted the importance of this approval, stating it allows the company to focus on growth initiatives. Among these are the development of Al Shola Gas and BrightHy Solutions, alongside pursuing potential acquisitions. Details regarding the timeline for the share consolidation are expected to be shared soon, marking a new chapter for Fusion Fuel Green PLC.

Expanding Horizons: Al Shola Gas’s New Ventures

In tandem with the AGM’s positive outcomes, Fusion Fuel Green PLC’s subsidiary, Al Shola Gas, has been making significant strides. On June 24, 2025, the company announced over $1.2 million in new gas engineering projects in Dubai, UAE. This announcement, covered by both StockTitan and GlobeNewswire, underscores Al Shola Gas’s strong momentum in securing contracts throughout 2025. The new projects include a Dubai Marina Development DBOM contract for 620 residential units, a Business Bay Tower project with 242 apartments, a Satwa Mid-Rise Development with 240 apartments, and four smaller cluster projects. These developments build on Al Shola Gas’s previous success, where it secured over $2.7 million in engineering contracts and 1,800 new residential service contracts since early 2025.

A Strategic Acquisition: ILUS and Fusion Fuel Green PLC

In related news, ILUS, a mergers and acquisitions company, has completed the sale of its subsidiary QIND to Fusion Fuel Green PLC. This transaction, part of ILUS’s strategic restructuring efforts, has resulted in ILUS holding approximately 35 million shares of HTOO. This move not only signifies Fusion Fuel Green PLC’s expanding portfolio but also highlights its strategic acquisitions aimed at bolstering its position in the energy sector.

Looking Ahead

Fusion Fuel Green PLC, with its focus on green hydrogen production and technology, is at a pivotal juncture. The approval of shareholder proposals and the planned share consolidation are critical steps towards stabilizing its financial standing on Nasdaq. Meanwhile, the expansion of Al Shola Gas and strategic acquisitions like that of QIND from ILUS underscore the company’s aggressive growth strategy. As Fusion Fuel Green PLC navigates these developments, the energy sector watches closely, anticipating the company’s next moves in its quest to support climate change initiatives through innovative green hydrogen solutions.