Fusion Fuel Green PLC Secures First Payment in P2X Spain Equity Sale
Fusion Fuel Green PLC's receipt of a €370,100 payment from the sale of its stake in P2X Spain marks a significant step in its green hydrogen initiatives and future collaborations.
Fusion Fuel Green PLC (NASDAQ: HTOO) has announced the receipt of a €370,100 payment as part of the sale of its former 50% equity interest in P2X Spain to EREE Desarrollos Empresariales. This payment follows the share transfer completed in December 2024 and a definitive agreement signed in February 2025, with the total transaction valued at €515,100, contingent upon meeting post-transfer conditions. The company has expressed optimism about the potential for future collaboration with EREE and P2X Spain in advancing green hydrogen projects, highlighting the strategic importance of this transaction in the broader context of renewable energy and decarbonization efforts.
The transaction underscores Fusion Fuel Green's commitment to expanding its footprint in the green energy sector, particularly in the development of hydrogen solutions. For more details on the announcement, visit https://ibn.fm/eAGlX.