QualityStocksNewsBreaks – Fusion Fuel Green PLC (Nasdaq: HTOO) Subsidiary BrightHy Solutions Signs €30 Million Hydrogen Investment Term Sheet
Fusion Fuel Green (Nasdaq: HTOO), a provider of integrated energy solutions, announced that its subsidiary Bright Hydrogen Solutions Ltd has signed a non-binding term sheet for a strategic partnership with a green energy technologies provider. The partner may commit up to €30 million over four years to fund mid-scale hydrogen infrastructure projects through special purpose vehicles owned by a new investment entity, which the partner will majority-own. Projects will range from €2 million to €10 million and be managed by BrightHy Solutions under a 10-year agreement. Entry into binding agreements remains subject to due diligence, structuring and regulatory conditions. To…