STOCK TITAN

Fusion Fuel (NASDAQ: HTOO) secures $1.14M LPG deals, operations steady

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Fusion Fuel Green PLC reported that its indirect majority-owned subsidiary, Al Shola Gas, has been awarded 16 new LPG engineering subcontracts in Dubai with a combined expected value of approximately $1.14 million as of April 2026. These projects cover residential and mixed-use developments serving several thousand units.

The largest contract is the Terra Heights dual-tower residential development in Expo City Dubai, valued at about $0.5 million, and includes design, installation, and commissioning of centralized LPG systems. Al Shola Gas plans to expand its delivery fleet to support growth.

The company also addressed the recent escalation of conflict in the Persian Gulf region, stating that Al Shola Gas’s operations are currently proceeding as planned and that it is not aware of material impacts on its business interests, while highlighting significant geopolitical, operational, and market risks in extensive forward-looking statements.

Positive

  • None.

Negative

  • None.
New engineering subcontracts value $1.14 million Combined expected value of 16 LPG subcontracts as of April 2026
Largest single contract $0.5 million Terra Heights dual-tower LPG infrastructure project in Expo City Dubai
Number of new subcontracts 16 subcontracts Al Shola Gas LPG engineering work across Dubai residential and mixed-use projects
liquefied petroleum gas (LPG) financial
"centralized liquefied petroleum gas (LPG) systems, across a mix of low- to high-rise buildings"
Liquefied petroleum gas (LPG) is a lightweight, flammable mix of gases—mainly propane and butane—that is pressurized into a liquid for storage and transport, commonly sold in cylinders or delivered by tank. Investors care because LPG is a traded energy commodity whose prices and availability affect costs for households, industry and shipping; think of it as portable fuel whose supply disruptions or price swings can influence company costs and profit margins.
forward-looking statements regulatory
"This press release and the statements contained herein include “forward-looking statements” within the meaning of Section 27A"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
engineering subcontracts financial
"was awarded 16 new engineering subcontracts with a combined expected value of approximately $1.14 million"
recurring LPG utility service opportunities financial
"These projects contribute near-term engineering revenue, while also supporting a pipeline of potential recurring LPG utility service opportunities"
risk factors regulatory
"the risks and uncertainties described under Item 1A. “Risk Factors” and elsewhere in QIND’s Annual Report on Form 10-K"
Risk factors are elements or conditions that could cause an investment's value to decrease or lead to potential losses. They are like warning signs or obstacles that can affect the success of an investment, making it uncertain or more unpredictable. Recognizing risk factors helps investors understand the possible challenges and make more informed decisions.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of: April, 2026.

 

Commission File Number: 001-39789

 

Fusion Fuel Green PLC

(Translation of registrant’s name into English)

 

9 Pembroke Street Upper

Dublin D02 KR83

Ireland

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

On April 7, 2026, Fusion Fuel Green PLC, an Irish public limited company (the “Company”), issued a press release relating to certain engineering subcontracts awarded to Al Shola Al Modea Gas Distribution L.L.C., a United Arab Emirates (“UAE”) company and an indirect majority-owned subsidiary of the Company (“Al Shola Gas”), for projects in the UAE, and providing an update relating to the recent escalation of conflict in the Persian Gulf region. A copy of the press release is furnished as Exhibit 99.1 to this Report on Form 6-K.

 

Forward-Looking Statements

 

The press release attached as Exhibit 99.1 hereto and the statements contained therein include “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance. In some cases, you can identify these statements because they contain words such as “may,” “will,” “believes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “should,” “seeks,” “future,” “continue,” “plan,” “target,” “predict,” “potential,” or the negative of such terms, or other comparable terminology that concern the Company’s expectations, strategy, plans, or intentions. Forward-looking statements relating to expectations about future results or events are based upon information available to the Company as of today’s date and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. Such forward-looking statements include, but are not limited to, statements regarding Al Shola Gas’s expected value from the announced new engineering subcontracts, the Company’s management’s expectations for potential follow-on recurring revenue from related utility operations, and Al Shola Gas’s plans to add service vehicles. Forward-looking statements relating to expectations about future results or events are based upon information available to the Company as of today’s date and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. The Company’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation, the risks of major, irreversible disruptions and damage to Al Shola Gas’s core operations due to the ongoing war among Iran, the United States, Israel, and other belligerents; the Company’s ability to support the expansion of the operations of Al Shola Gas; Al Shola Gas’s ability to secure and execute liquified petroleum gas (“LPG”) engineering and distribution projects; fluctuations in demand for LPG engineering and distribution services; regulatory approvals and compliance requirements affecting LPG distribution and engineering services; volatility in energy markets and commodity prices; Al Shola Gas’s ability to obtain sufficient financing to support operations and growth initiatives; other risks associated with operating internationally, including in the UAE and other foreign jurisdictions; and the risks and uncertainties described under Item 1A. “Risk Factors” and elsewhere in QIND’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on March 31, 2026, Item 3. “Key Information – D. Risk Factors” and elsewhere in the Company’s Annual Report on Form 20-F filed with the SEC on May 9, 2025 (collectively, the “Annual Reports”), and other filings with the SEC. Should any of these risks or uncertainties materialize, or should the underlying assumptions about the Company’s business and the commercial markets in which the Company operates prove incorrect, actual results may vary materially from those described as anticipated, estimated or expected in the Annual Reports. All subsequent written and oral forward-looking statements concerning the Company or other matters and attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. The Company does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof, except as required by law.

 

Exhibit No.   Description
99.1   Press Release dated April 7, 2026

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Fusion Fuel Green PLC
  (Registrant)
   
Date: April 7, 2026 /s/ John-Paul Backwell
  John-Paul Backwell
  Chief Executive Officer

 

 

 

 

Exhibit 99.1

 

Fusion Fuel Announces Approximately $1.14 Million in New LPG Engineering Subcontracts Awarded to Al Shola Gas Across Multiple Projects in Dubai, UAE

 

Projects Across Dubai Include Approx. $0.5 Million Flagship Dual-Tower Development; Portfolio Covers Multiple Buildings Serving Thousands of Residential Units

 

Confirms Business Operations Continue Amid Regional Developments

 

Dublin, Ireland, April 07, 2026 (GLOBE NEWSWIRE) — Fusion Fuel Green PLC (NASDAQ: HTOO) (“Fusion Fuel” or the “Company”), a leading provider of full-service energy engineering, advisory, and utility solutions, today announced that its indirect majority-owned subsidiary, Al Shola Al Modea Gas Distribution L.L.C. (“Al Shola Gas”), an industrial gas engineering and distribution company, was awarded 16 new engineering subcontracts with a combined expected value of approximately $1.14 million as of April 2026.

 

The awarded subcontracts encompass residential and mixed-use development projects across a number of locations in Dubai, United Arab Emirates (UAE), supporting infrastructure for several thousand residential units. The largest award within the portfolio is the Terra Heights dual-tower residential development in Expo City Dubai, with a contract value of approximately $0.5 million, representing a significant multi-building LPG infrastructure project.

 

The scope of work includes the design, engineering, supply, installation, testing, and commissioning of centralized liquefied petroleum gas (LPG) systems, across a mix of low- to high-rise buildings, with project execution expected to begin immediately.

 

Al Shola Gas continues to experience strong demand for LPG engineering and distribution services, supported by ongoing construction and infrastructure investment. To support continued growth, Al Shola Gas expects to add new vehicles to its LPG delivery fleet to enhance operational capacity and service coverage.

 

“The award of approximately $1.14 million in new engineering subcontracts, including a flagship dual-tower development in Expo City, reflects the continued strength of our LPG infrastructure platform and the demand we are seeing across the UAE,” said John-Paul Backwell, Chief Executive Officer and Chairman of Fusion Fuel. “These projects contribute near-term engineering revenue, while also supporting a pipeline of potential recurring LPG utility service opportunities.”

 

Sanjeeb Safir, CEO of Al Shola Gas, commented, “We continue to execute on a growing portfolio of projects while maintaining a strong focus on safety, reliability, and operational efficiency. Our capabilities position us to deliver these projects effectively while supporting the continued expansion of our platform and long-term growth opportunities.”

 

In addition, in light of the recent escalation in conflict in the Persian Gulf region, the Company confirmed that, currently, Al Shola Gas’s operations are proceeding as previously planned. The Company further confirmed that it is not aware of material impacts on its business interests arising from these developments. Al Shola Gas has implemented safety and contingency protocols in line with local authority guidance. The Company is closely monitoring the developing situation.

 

 

 

 

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, BrightHy Solutions, and BioSteam Energy platforms. With operations spanning LPG supply to hydrogen and bio-steam solutions, the Company supports decarbonization across industrial, residential, and commercial sectors. For more information, please visit www.fusion-fuel.eu.

 

Forward-Looking Statements

 

This press release and the statements contained herein include “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance. In some cases, you can identify these statements because they contain words such as “may,” “will,” “believes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “should,” “seeks,” “future,” “continue,” “plan,” “target,” “predict,” “potential,” or the negative of such terms, or other comparable terminology that concern the Company’s expectations, strategy, plans, or intentions. Such forward-looking statements include, but are not limited to, statements regarding Al Shola Gas’s expected value from the announced new engineering subcontracts, the Company’s management’s expectations for potential follow-on recurring revenue from related utility operations, and Al Shola Gas’s plans to add service vehicles. Forward-looking statements relating to expectations about future results or events are based upon information available to the Company as of today’s date and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. The Company’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation, the risks of major, irreversible disruptions and damage to Al Shola Gas’s core operations due to the ongoing war among Iran, the United States, Israel, and other belligerents; the Company’s ability to support the expansion of the operations of Al Shola Gas; Al Shola Gas’s ability to secure and execute LPG engineering and distribution projects; fluctuations in demand for LPG engineering and distribution services; regulatory approvals and compliance requirements affecting LPG distribution and engineering services; volatility in energy markets and commodity prices; Al Shola Gas’s ability to obtain sufficient financing to support operations and growth initiatives; other risks associated with operating internationally, including in the UAE and other foreign jurisdictions; and the risks and uncertainties described under Item 1A. “Risk Factors” and elsewhere in QIND’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on March 31, 2026, Item 3. “Key Information – D. Risk Factors” and elsewhere in the Company’s Annual Report on Form 20-F filed with the SEC on May 9, 2025 (collectively, the “Annual Reports”), and other filings with the SEC. Should any of these risks or uncertainties materialize, or should the underlying assumptions about the Company’s business and the commercial markets in which the Company operates prove incorrect, actual results may vary materially from those described as anticipated, estimated or expected in the Annual Reports. All subsequent written and oral forward-looking statements concerning the Company or other matters and attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. The Company does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof, except as required by law.

 

Investor Relations Contact

 

ir@fusion-fuel.eu

www.fusion-fuel.eu

 

 

FAQ

What new business did Fusion Fuel (HTOO) announce in Dubai?

Fusion Fuel announced that its subsidiary Al Shola Gas won 16 new LPG engineering subcontracts in Dubai, with a combined expected value of about $1.14 million. The projects span residential and mixed-use developments and involve centralized LPG infrastructure work.

What is the largest new LPG project for Fusion Fuel’s Al Shola Gas?

The largest project is the Terra Heights dual-tower residential development in Expo City Dubai, with an approximate contract value of $0.5 million. Al Shola Gas will design, engineer, supply, install, test, and commission centralized LPG systems for the complex.

How is regional conflict affecting Fusion Fuel’s Al Shola Gas operations?

Fusion Fuel stated that, despite the recent escalation of conflict in the Persian Gulf region, Al Shola Gas’s operations are currently proceeding as previously planned. The company added it is not aware of material impacts on its business interests at this time.

What growth plans does Al Shola Gas have following these subcontracts?

Al Shola Gas expects to add new vehicles to its LPG delivery fleet to enhance operational capacity and service coverage. Management also highlighted potential follow-on recurring LPG utility service revenue associated with the newly awarded engineering projects in Dubai.

How does Fusion Fuel describe the nature of its forward-looking statements?

Fusion Fuel explains that its forward-looking statements involve substantial risks and uncertainties and are based on information available as of the date of the statement. Actual results may differ materially due to geopolitical, operational, market, regulatory, and financing risks described in its SEC filings.

Filing Exhibits & Attachments

1 document