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The latest announcement is out from Fusion Fuel Green ( (HTOO) ).
Fusion Fuel Green PLC has acquired a controlling stake in Quality Industrial Corp, positioning it to enhance its offerings across the power and utilities value chain. The acquisition integrates QIND’s operations into Fusion Fuel and is expected to drive growth and value for stakeholders by combining complementary strengths in traditional and clean energy sectors. This strategic move supports Fusion Fuel’s aim to capitalize on the growing energy transition market, leveraging Al Shola Gas’ established infrastructure and BrightHy’s entry into new markets.
More about Fusion Fuel Green
Fusion Fuel Green PLC is a full-service energy and utilities solutions provider engaged in the hydrogen and gas sectors. The company is strategically positioned to address current energy requirements and future demands, with operations including the restructuring of its hydrogen business and the acquisition of Quality Industrial Corp. Fusion Fuel’s subsidiary, Al Shola Gas, services over 36,000 customers in the Middle East, and the newly incorporated BrightHy aims to lead in global green hydrogen projects.
YTD Price Performance: -53.30%
Average Trading Volume: 5,384,810
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $9.09M
See more insights into HTOO stock on TipRanks’ Stock Analysis page.
