Fusion Fuel Green PLC Announces Two Engineering Contracts Totaling Approximately $1.37 Million for Residential Developments in Dubai, United Arab Emirates

Rhea-AI Summary

Fusion Fuel Green (NASDAQ: HTOO) announced that its affiliate Al Shola Gas signed two engineering contracts in Dubai totaling approximately $1.37 million on Dec 3, 2025, plus estimated annual recurring LPG supply revenue of $629,000.

The contracts cover design, construction, commissioning, and authority approvals for central LPG systems: a Motor City mixed-use complex (~$1.23M) expected to generate ~$630,000 annually and an Al Furjan residential project (~$136,000) with post-completion supply terms still under discussion. Revenue recognition will follow contractual progress milestones.

Positive

• $1.37M total contract value signed
• Estimated annual LPG revenue of $629,000
• Motor City project (~$1.23M) becomes largest single complex in portfolio
• Contracts signed during final week of November 2025

Negative

• Revenue recognized by progress milestones, timing uncertain
• Al Furjan post-completion LPG supply contract still under discussion
• Project outcomes subject to regulatory approvals and consents

News Market Reaction

+11.71% 335.7x vol

7 alerts

+11.71% News Effect

+23.2% Peak Tracked

-11.5% Trough Tracked

+$742K Valuation Impact

$7M Market Cap

335.7x Rel. Volume

On the day this news was published, HTOO gained 11.71%, reflecting a significant positive market reaction. Argus tracked a peak move of +23.2% during that session. Argus tracked a trough of -11.5% from its starting point during tracking. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $742K to the company's valuation, bringing the market cap to $7M at that time. Trading volume was exceptionally heavy at 335.7x the daily average, suggesting very strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Dubai engineering contracts: $1.37 million Recurring LPG revenue: $629,000 Motor City contract: $1.23 million +5 more

8 metrics

Dubai engineering contracts $1.37 million Combined value of two LPG engineering contracts in Dubai

Recurring LPG revenue $629,000 Estimated annual recurring LPG supply revenue from Dubai clients

Motor City contract $1.23 million Approximate value of Motor City mixed-use LPG system project

Motor City LPG revenue $630,000 Estimated annual recurring LPG supply revenue from Motor City project

Al Furjan contract $136,000 Contract value for two residential buildings in Al Furjan, Dubai

Other November contracts $328,000 Additional contracts signed by Al Shola Gas in November 2025

Motor City units 2,900 residential units Scale of Motor City mixed-use complex in Dubai

Al Furjan apartments 333 apartments Residential units covered by Al Furjan LPG system contract

Market Reality Check

Price: $4.56 Vol: Volume 25,186 is at 0.02x...

low vol

$4.56 Last Close

Volume Volume 25,186 is at 0.02x the 20-day average of 1,103,424, indicating subdued pre-news trading. low

Technical Shares traded below the 200-day MA of 6.91, with the last price at 4.02, reflecting a weak longer-term trend.

Peers on Argus

Renewable utilities peers showed mixed moves: watchlist names had both declines ...

1 Up

Renewable utilities peers showed mixed moves: watchlist names had both declines and gains, while momentum data flagged BNRG moving up 5.26%. With no consistent direction across peers and sector momentum flagged as non-broad, the setup appeared company-specific rather than a sector-wide shift.

Historical Context

5 past events · Latest: Dec 03 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 03	Dubai LPG contracts	Positive	+11.7%	Affiliate Al Shola Gas secured two Dubai LPG engineering contracts with recurring revenue.
Nov 25	Hydrogen project win	Positive	+5.0%	BrightHy Solutions signed contract for electrolyzer and hydrogen refueling project in Southern Europe.
Nov 06	EGM approvals	Neutral	+4.6%	Shareholders approved increased authorised share capital and board flexibility for future issuances.
Nov 04	SA biomass project	Positive	-6.5%	Groundbreaking for biomass-powered industrial steam project in South Africa via BioSteam Energy.
Oct 16	SA JV agreement	Positive	-2.4%	Joint venture with Alien Fuel for Fairfield Industrial Decarbonization biomass steam project.

Pattern Detected

Project and contract wins often saw positive reactions, though some industrial decarbonization updates previously traded lower despite constructive fundamentals.

Recent Company History

This announcement adds Dubai LPG engineering wins to a series of growth-focused updates. Recent news included a green hydrogen electrolyzer and refueling contract worth up to €1.7 million on Nov 25, 2025, and shareholder approval on Nov 6, 2025 to expand authorised share capital and issuance flexibility. Earlier South African biomass steam projects through BioSteam Energy marked the company’s first Southern African footprint and a joint venture where Fusion Fuel holds 51%. Together, these events highlight geographic and technology diversification across gas, hydrogen, and biomass platforms.

Regulatory & Risk Context

Active S-3 Shelf · $34,000,000

Shelf Active

Active S-3 Shelf Registration 2025-11-21

$34,000,000 registered capacity

The company has an active Form F-3/A shelf filed on 2025-11-21, registering up to $34,000,000 of securities for potential primary offerings over time. The filing rolls over unsold securities from a prior $75,000,000 shelf and allows issuance of shares, debt, warrants, and units for general corporate purposes.

Market Pulse Summary

The stock surged +11.7% in the session following this news. A strong positive reaction aligns with p...

Analysis

The stock surged +11.7% in the session following this news. A strong positive reaction aligns with prior instances where contract wins and project milestones saw upside, such as the 11.71% move following this Dubai contracts release and earlier gains after the green hydrogen agreement. However, investors previously witnessed negative moves on South African project news, showing that execution and financing updates mattered. The existing $34,000,000 shelf capacity also meant any sustained strength had to be viewed against potential future capital raises.

Key Terms

liquified petroleum gas, lpg, commissioning, forward-looking statements, +2 more

6 terms

liquified petroleum gas medical

"Liquified Petroleum Gas (“LPG”) supply."

A mix of light hydrocarbons (mainly propane and butane) that is compressed into liquid for storage and transport, commonly called LPG. It behaves like bottled fuel you might use for a grill or heater—easy to move and burn—and is a widely traded energy product and industrial feedstock. Investors care because supply, storage, transport costs, and seasonal demand swings directly affect energy company revenue, commodity prices, and costs for industries and households.

lpg technical

"central LPG gas systems in two major residential developments."

Liquefied petroleum gas (LPG) is a flammable mix of light hydrocarbons, stored as a liquid under modest pressure and used for heating, cooking, industrial processes, and as vehicle fuel. Investors watch LPG because its supply, price and storage costs affect energy companies, utilities and manufacturers that rely on it—think of it as the bottled fuel that heats homes and powers equipment, so changes in availability or price can influence earnings and inflation-sensitive sectors.

commissioning technical

"cover the design, construction, commissioning, and authority approvals"

Commissioning is the process of officially starting or activating a new project, system, or facility after it has been built or prepared. It involves testing and checking that everything functions correctly and safely before it begins full operation. For investors, commissioning signals that a project or asset is moving closer to generating value or revenue, which can impact its potential profitability and timing of returns.

forward-looking statements regulatory

"This press release includes “forward-looking statements” within the meaning of Section 27A"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

exchange act of 1934 regulatory

"and Section 21E of the U.S. Securities Exchange Act of 1934, as amended"

A foundational U.S. law that sets the rules for how securities are bought, sold and reported after companies go public. It requires regular disclosure of financial and business information, outlaws insider trading and gives a federal regulator authority to police exchanges and brokers; think of it as the referee and scoreboard that help keep markets fair, transparent and safer for investors.

annual report on form 20-f regulatory

"described under Item 3. “Key Information – D. Risk Factors” and elsewhere in the Company’s Annual Report on Form 20-F"

An annual report on Form 20-F is a standardized filing that foreign companies submit to the U.S. securities regulator to disclose their financial results, business operations, risks, and management’s discussion of performance. It matters to investors because it provides a complete, audited snapshot—like a company’s financial report card and shareholder letter combined—used to assess transparency, compare companies, and judge whether the stock’s price matches underlying business strengths and risks.

AI-generated analysis. Not financial advice.

Dublin, Ireland, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Fusion Fuel Green PLC (NASDAQ: HTOO) (“Fusion Fuel” or the “Company”), a leading provider of full-service energy engineering, advisory, and utility solutions, today announced that Al Shola Al Modea Gas Distribution LLC (“Al Shola Gas”), a full-service industrial gas solution provider in which the Company indirectly holds an ownership interest, has signed two new engineering contracts with a combined value of approximately $1.37 million from clients located in Dubai, with an additional estimated annual recurring revenue of $629,000 from Liquified Petroleum Gas (“LPG”) supply.

The two projects cover the design, construction, commissioning, and authority approvals for central LPG gas systems in two major residential developments. Revenue will be recognized in accordance with contractual progress milestones.

The first new LPG system engineering contract relates to a large mixed-use residential complex located in Motor City, Dubai, comprising seven residential towers, 2,900 residential units, 18 commercial boiler rooms, and 18 food and beverage units. The approximate project value (converted from AED) is $1.23 million. In addition, the project is expected to generate an estimated annual recurring operational revenue from LPG supply of approximately $630,000. Once in operation, this development is believed to represent the largest single complex in the Al Shola Gas portfolio.

The second new LPG system engineering contract relates to two residential buildings located in Al Furjan, Dubai, comprising 333 apartments, with a contract value of $136,000. This contract is the first project awarded to Al Shola Gas by the developer. The post-completion operational contract for LPG supply is still in discussion.

Both contracts were signed during the final week of November 2025, concluding a successful month during which Al Shola Gas signed several other new contracts valued at approximately $328,000.

“These project awards demonstrate the continued expansion of our engineered gas systems business in Dubai,” said Sanjeeb Safir, Managing Director of Al Shola Gas. “The Motor City development, in particular, significantly increases the scale of our operational portfolio, while the Al Furjan project reflects the ongoing diversification of our customer base in the UAE.”

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 supply, distribution, and engineering and advisory solutions through its Al Shola Gas, Bright Hydrogen Solutions Ltd (“BrightHy Solutions”), and BioSteam Energy (Proprietary) Limited (“BioSteam Energy”) businesses. 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 Solutions, the Company’s hydrogen solutions platform, delivers innovative engineering and advisory services enabling decarbonization across hard-to-abate industries. BioSteam Energy provides biomass-powered industrial steam solutions to clients.

FORWARD-LOOKING STATEMENTS

This press release includes “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance. In some cases, you can identify these statements because they contain words such as “may,” “will,” “believes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “should,” “seeks,” “future,” “continue,” “plan,” “target,” “predict,” “potential,” or the negative of such terms, or other comparable terminology that concern the Company’s expectations, strategy, plans, or intentions. Forward-looking statements relating to expectations about future results or events are based upon information available to the Company as of today’s date and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. The Company’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation, the ability of the parties to obtain all necessary regulatory and other consents and approvals and to deliver all required products and services in connection with the contemplated projects; the ability of the projects to generate the expected free cash flows or net income necessary for the Company to generate the anticipated returns in connection with the contemplated projects; macroeconomic risks relating to currency exchange rates, inflation rates, interest rates, or other potentially disruptive factors; and the risks and uncertainties described under Item 3. “Key Information – D. Risk Factors” and elsewhere in the Company’s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 9, 2025 (the “Annual Report”), and other filings with the SEC. Should any of these risks or uncertainties materialize, or should the underlying assumptions about the Company’s business and the commercial markets in which the Company operates prove incorrect, actual results may vary materially from those described as anticipated, estimated or expected in the Annual Report. All subsequent written and oral forward-looking statements concerning the Company or other matters and attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. The Company does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof, except as required by law.

Investor Relations Contact
ir@fusion-fuel.eu
www.fusion-fuel.eu

FAQ

What did Fusion Fuel (HTOO) announce on Dec 3, 2025 regarding new contracts?

Al Shola Gas signed two Dubai engineering contracts totaling about $1.37M plus estimated recurring LPG revenue of $629,000.

How much recurring LPG revenue does the Motor City project add for HTOO?

The Motor City development is expected to generate approximately $630,000 in annual LPG supply revenue.

What is the contract value for the Al Furjan project included in HTOO's announcement?

The Al Furjan contract value is approximately $136,000; post-completion supply terms remain under discussion.

When will Fusion Fuel (HTOO) recognize revenue from these Dubai contracts?

Revenue will be recognized in accordance with the contracts' progress milestones.

Does the Dec 3, 2025 announcement state any regulatory contingencies for HTOO projects?

Yes, the projects require necessary authority approvals and successful consents to deliver services as planned.

When were the two engineering contracts signed for Fusion Fuel (HTOO)?

Both contracts were signed during the final week of November 2025.