HTOO News & Events

Fusion Fuel Green entered into a definitive agreement to acquire a controlling interest in Royal Uranium, a diversified portfolio of uranium royalties spanning the exploration and development sectors of the mining cycle, in a strategic share exchange transaction. The company said, "This acquisition is expected to provide Fusion Fuel with direct exposure to one of the most compelling and increasingly fundamental asset classes supporting global energy security and the rapid expansion of AI-driven infrastructure and the nuclear power required to support it. By gaining meaningful exposure to sixteen uranium and three natural gas royalties in the Americas, Fusion Fuel believes that it is poised to secure long-term economic participation in the energy sources increasingly required to power AI infrastructure, electrification and global decarbonization. The acquisition is expected to position Fusion Fuel at the intersection of three powerful structural trends: The accelerating global demand for electricity driven by the need for enhanced power security and the increasing demand from AI and data center infrastructure; A growing structural supply deficit in uranium, alongside a renewed global commitment to nuclear energy as a critical source for reliable, low-carbon baseload power; and An increasing strategic focus on secure, regional access to critical energy materials, particularly within the Americas, as governments and industries prioritize supply chain resilience, energy independence and regional security. Global data center power demand is expected to grow more than 160% by 2030, with AI-related power demand projected to increase materially over the balance of the decade.1 At the same time, uranium demand is forecast to increase significantly through 2040, with supply growth lagging demand, creating a structural deficit environment." Fusion Fuel has entered into a definitive Share Exchange Agreement dated February 18 with certain shareholders of Royal Uranium, pursuant to which Fusion Fuel is expected to acquire between 75-100% of the shares of Royal Uranium, in consideration for the allotment of up to 3,750,025 shares in Fusion Fuel to the current shareholders of Royal Uranium. The transaction is expected to close in the first half of 2026.

Fusion Fuel files to sell 71,429 Class A ordinary shares for holders

Fusion Fuel Green announced that Bright Hydrogen Solutions has signed agreements with a green energy technologies provider establishing Bright Hydrogen Holding Company as a dedicated platform for the development, financing and delivery of industrial-scale hydrogen projects, with up to EUR 30M in financing by the Partner. The signing of the agreements marks the commercial evolution from the previously announced non-binding term sheet with the Partner to a platform structure, providing a comprehensive legal, governance and funding framework to support the rollout of hydrogen infrastructure projects. Under the transaction, Bright Hydrogen Holding has been established as a standalone investment vehicle, with BrightHy Solutions appointed as exclusive manager and development partner. The platform brings together BrightHy Solutions' technical, commercial and project development expertise with a long-term investment framework designed to support the origination, construction and operation of hydrogen projects. The definitive documentation comprises: a share purchase agreement, pursuant to which Bright Hydrogen Holding has been established as the central investment platform; an investment and funding agreement with the Partner, which sets out a framework for the targeted deployment of up to EUR 30M of capital, to be released over time in three potential tranches of EUR 10M, subject to project approvals and governance processes; and a management services agreement, under which BrightHy Solutions will provide exclusive management, development and project execution services across the platform and its project companies. Bright Hydrogen Holding, which will be wholly owned by the Partner, will act as the holding company for a portfolio of project special purpose vehicles, while BrightHy Solutions will be responsible for sourcing and evaluating opportunities and leading project development and execution. Capital will be deployed on a phased basis and only into projects approved as greenlit by Bright Hydrogen Holding's investment committee and board. Revenue to BrightHy Solutions as asset manager is expected to be derived from an annual management fee and a performance fee on returns above a certain compounded annual hurdle, and will depend on financing availability and project execution. BrightHy Solutions may also earn revenues as the EPC contractor for the hydrogen plant execution under separate project-specific agreements. The first greenlit project to be developed through Bright Hydrogen Holding will be a green hydrogen production facility supplying an industrial cement operator in Spain, with the build-out of the facility anticipated to commence during the first quarter of 2026.