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Fusion Fuel Green ( (HTOO) ) has provided an update.
Fusion Fuel Green PLC has acquired a majority stake in Quality Industrial Corp., enhancing its strategic positioning in the renewable energy sector. This acquisition, finalized on November 26, 2024, will see Quality Industrial Corp. become a majority-owned subsidiary, with its financials consolidated into Fusion Fuel Green’s operations. Concurrently, Fusion Fuel Portugal S.A., a subsidiary of Fusion Fuel Green, filed for insolvency on November 11, 2024, signaling restructuring efforts aimed at supporting the company’s strategic objectives. Additionally, several executive officers have transitioned to director roles within subsidiaries, as part of the company’s restructuring initiatives.
More about Fusion Fuel Green
Fusion Fuel Green PLC is a company operating in the renewable energy sector, focusing on the production of green hydrogen. The company’s market focus involves leveraging innovative technology to advance hydrogen production, aiming to contribute to sustainable energy solutions.
YTD Price Performance: -23.84%
Average Trading Volume: 5,797,692
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $10.89M
For detailed information about HTOO stock, go to TipRanks’ Stock Analysis page.
