Fusion fuel closes on $1.28 million senior convertible notes and $25 million equity line of credit

Dublin, jan. 13, 2025 (globe newswire) -- via ibn – fusion fuel green plc (nasdaq: htoo) (“fusion fuel” or the “company”), a leading provider of full-service energy engineering and advisory solutions, announced that it has closed a $1.28 million senior convertible notes private placement with certain institutional investors. in addition to the convertible notes, fusion fuel has also entered into an agreement with an institutional investor for a $25 million equity line of credit, which, upon the satisfaction of certain conditions, will provide the company with access to additional capital to support its operational and strategic growth initiatives.
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