Fusion Fuel unit Al Shola Gas secures $1.16 million LPG engineering contracts in Dubai

Fusion Fuel Green (NASDAQ:HTOO) said its indirectly held subsidiary Al Shola Al Modea Gas Distribution has been awarded two engineering subcontracts in Dubai valued at about $1.16 million.

The contracts cover the design, supply, installation, testing and commissioning of centralized LPG systems across multiple buildings within two residential developments in the United Arab Emirates.

Work on the projects is expected to begin immediately and progress alongside the construction timelines of the developments. Once the broader project is completed, Al Shola Gas is also expected to secure a separate LPG utility operations subcontract serving roughly 2,900 apartments and six boiler rooms.

To support the new projects and future contracts, Al Shola Gas has ordered additional LPG delivery vehicles aimed at improving access to dense urban areas and expanding its distribution network.

The company said the unit has started 2026 strongly, supported by steady demand for LPG engineering and distribution services across the UAE. Management added that the Dubai contracts highlight continued investment in residential infrastructure and should help boost recurring LPG utility revenues as Fusion Fuel expands its energy services presence in the Middle East.

More about Fusion Fuel Green

Fusion Fuel Green provides energy supply, engineering and advisory services across several segments. Through subsidiaries including Al Shola Gas, Bright Hydrogen Solutions and BioSteam Energy, the company delivers LPG systems, hydrogen decarbonization solutions and biomass-powered steam services to commercial, industrial and residential customers.

Fusion Fuel Green stock price


Posted

in

by

Tags: