Fusion Fuel’s BrightHy Solutions Signs Agreements to Launch Up to €30 Million Targeted Hydrogen Investment Platform

• Deployment of up to €30 million of Partner-committed capital, to be released over time in three potential tranches of €10 million each.
  
• First project expected to be a green hydrogen production facility in Spain in 2026.
  

Dublin, Ireland, Dec. 29, 2025 (GLOBE NEWSWIRE) -- Fusion Fuel Green PLC (NASDAQ: HTOO) (“Fusion Fuel” or the “Company”), today announced that Bright Hydrogen Solutions Limited (“BrightHy Solutions”), a wholly-owned subsidiary of Fusion Fuel, has signed agreements with a green energy technologies provider (the “Partner”) establishing Bright Hydrogen Holding Company Limited (“Bright Hydrogen Holding”) as a dedicated platform for the development, financing and delivery of industrial-scale hydrogen projects, with up to €30 million 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.

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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 €30 million of capital, to be released over time in three potential tranches of €10 million, 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 (including at least one Partner-appointed director voting in favor). 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.

“This is a significant milestone for all parties,” said Frederico Figueira de Chaves, CEO of BrightHy Solutions. “By introducing a phased investment approach for green hydrogen projects that aims to lower upfront capital obligations at the project company level, with funding released in tranches as projects are approved, we believe we are pioneering a novel solution for green hydrogen projects and supporting industrial companies to execute their decarbonization efforts.”

About Fusion Fuel Green PLC

Fusion Fuel Green PLC (NASDAQ: HTOO) provides integrated energy engineering, distribution, and green hydrogen solutions through its Al Shola Gas and BrightHy Solutions platforms. With operations spanning LPG supply to hydrogen solutions, the Company supports decarbonization across industrial, residential, and commercial sectors.

About Bright Hydrogen Solutions Ltd

BrightHy Solutions, a subsidiary of Fusion Fuel Green PLC (NASDAQ: HTOO), is positioning itself as a leader in the hydrogen through electrolysis solutions market. With its substantial industry experience, BrightHy Solutions assists clients through the entire hydrogen production value chain including plant design, tailored engineering solutions, equipment sourcing, engineering and implementation oversight. BrightHy Solutions has a strong and core focus on safety, reliability, and efficiency. Find out more at www.brighthy.com.