Fusion fuel green hosts first quarter 2024 investor update

Sabugo, portugal, june 05, 2024 (globe newswire) -- fusion fuel green plc (nasdaq: htoo) ("fusion fuel"), an emerging leader in the green hydrogen sector, today announced financial results for the first quarter ended march 31, 2024. the quarterly shareholder letter is available at https://ir.fusion-fuel.eu/financials-filings/earnings-releases first quarter 2024 highlights received notification of ipcei approval from european commission for 630 mw hevo-portugal project raised ~€6 million from at-the-market program to strengthen capital position awarded €1.015 million grant from european commission as part of h2talent consortium received provisional grant approval for 25 mw hevo-aveiro green hydrogen project convened egm to secure shareholder approval allowing the company to allot securities above 20% annual cap subsequent events drew down on the first tranche ($1.15 million) of the macquarie convertible note facility completed installation of 300 kw hevo-chain system for global cement major signed tech sale contract for 100 kw hevo-chain system for hospital client in iberia implemented portfolio approach with strategic commercial relationships with opportunity for multi-project follow-on fusion fuel will host a live conference call and webcast today, june 5, 2024.
HTOO Ratings Summary
HTOO Quant Ranking