Fusion fuel closes $1.3 million follow-on financing

Dublin, march 04, 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, today announced that it has closed a $1.3 million private placement of senior convertible notes with certain institutional investors. the senior convertible notes were issued at a weighted-average original issue discount of approximately 23% for an aggregate purchase price of $1.0 million, mature in august 2026, and carry an 8% annual interest rate.
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