Fusion Fuel’s BrightHy selected to advance final contract negotiations

Fusion Fuel (HTOO) Green announced that its subsidiary, Bright Hydrogen Solutions, has been selected to advance to final contract negotiations as part of two tender processes to develop two new green hydrogen projects in southern Europe. BrightHy Solutions was selected as the preferred partner to advance to the negotiations of the final contract for the development of a 2 MW hydrogen project for a cement company in southern Europe, aimed at supplying both hydrogen and oxygen as part of the client’s decarbonization objectives. This project would be the first project in the Company’s proposed hydrogen investment partnership structure, in which the Company would receive a EUR 30 million commitment under terms outlined under a non-binding term sheet, as described in the Company’s press release dated July 22, 2025, subject to the execution of definitive agreements with the proposed partner. “These projects are the result of months of close collaboration and solution tailoring with potential partners and clients,” said Frederico Figueira de Chaves, CEO of BrightHy Solutions. “The cement project would, if secured under the proposed terms, be an important step for us, not only due to the profile of the counterparties involved, but also because it would be the first project within our proposed investment vehicle portfolio, aligning with our broader strategy to scale meaningful hydrogen infrastructure across the region.”