Fusion Fuel Green plc Announces New Utility Contracts for Residential Developments in UAE

Reuters
2025/10/09
Fusion Fuel Green plc Announces New Utility Contracts for Residential Developments in UAE

Fusion Fuel Green PLC announced that Al Shola Al Modea Gas Distribution LLC $(ASG)$, in which the company holds an indirect ownership interest, has signed several new operational and utility contracts in September 2025. Among these, ASG secured a major utility contract for a new residential development comprising 1,000 apartments. The contract includes a one-time project fee of approximately $100,000 for engineering services and an annual revenue of approximately $300,000 from gas and boiler supply services, with the project handover scheduled for November 2025. Additionally, ASG signed new engineering and installation contracts for a residential and commercial project involving six property developments, totaling 965 apartments and 10 retail shops. The value of this contract is approximately $430,000, with revenue expected to begin in December 2025 and a project duration of 18-20 months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fusion Fuel Green plc published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-017528), on October 09, 2025, and is solely responsible for the information contained therein.

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