FAQ on Fusion Fuel Green PLC's $1.3 Million Private Placement

What is the purpose of Fusion Fuel Green PLC’s private placement?

The $1.3 million private placement is intended to enhance Fusion Fuel Green PLC’s working capital as it advances its position in the energy engineering and advisory services sector.

How much was raised in the private placement and under what terms?

Fusion Fuel Green PLC raised $1 million in gross proceeds from the private placement, with senior convertible notes issued at an average 23% discount, maturing in August 2026, and carrying an 8% annual interest rate, along with accompanying warrants for investors.

Who participated in the private placement?

Institutional investors participated in the private placement of senior convertible notes by Fusion Fuel Green PLC.

What are the subsidiaries of Fusion Fuel Green PLC and what do they do?

Fusion Fuel Green PLC operates through its subsidiaries Al Shola Gas, which provides full-service industrial gas solutions, and BrightHy, a hydrogen solutions platform focusing on decarbonization services for hard-to-abate industries.

Where can I find more information about Fusion Fuel Green PLC?

More information about Fusion Fuel Green PLC can be found on their website at https://www.fusion-fuel.eu.

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When do the senior convertible notes mature?

The senior convertible notes issued by Fusion Fuel Green PLC mature in August 2026.

What is the significance of this private placement for Fusion Fuel Green PLC?

This private placement provides Fusion Fuel Green PLC with essential working capital to strengthen its operations and expand its services in the energy engineering and advisory sector, marking a significant step in its growth strategy.

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