Fusion Fuel Green Business Summary

Fusion Fuel Green PLC (HTOO) operates as an integrated energy platform, having recently pivoted from a pure-play green hydrogen technology provider to a diversified energy services and royalty firm. The company generates revenue through four primary segments: the sale of proprietary PEM electrolyzer technology (HEVO-Solar and HEVO-Chain), engineering and procurement (EPCM) services for hydrogen projects, industrial gas distribution via its Al Shola Gas subsidiary, and a newly established energy royalty stream following its February 2026 acquisition of Royal Uranium Inc. This strategic shift incorporates uranium and natural gas royalties into its portfolio to capitalize on AI-driven electricity demand and provide stable, high-margin cash flow. In the competitive landscape, Fusion Fuel contends with hydrogen technology peers like Plug Power, Nel ASA, and ITM Power, as well as energy royalty firms such as Uranium Royalty Corp. Relative to these competitors, Fusion Fuel positions itself as a micro-cap turnaround play, leveraging a hybrid model of legacy clean-tech innovation and immediate-yield energy distribution assets. The leadership team is currently led by Chief Executive Officer John-Paul Backwell, who assumed the role in late 2024 bringing over two decades of experience from Samsara Luggage and ILUS International. He is supported by Frederico Figueira de Chaves, who serves as Interim CFO and Chief Strategy Officer after previously holding the CEO title, and Jaime Silva, a founding member who continues as Chief Technology Officer and Head of Innovation. The company’s strategic direction is overseen by a recently restructured Board of Directors, which includes newly elected members Pierce Crosby and Steven Gold as of November 2025, alongside independent directors Luisa Ingargiola and Theresa Jester. Notable institutional support was reinforced in February 2026 through a $2.6 million private placement (PIPE) involving a group of strategic investors, aimed at stabilizing the capital structure and funding the integration of the Royal Uranium portfolio.