Fusion Fuel – BrightHy Solutions Announces Non-Binding Term Sheet for Strategic Partnership with €30 Million Commitment for Hydrogen Infrastructure Investments

Fusion Fuel – BrightHy Solutions Announces Non-Binding Term Sheet for Strategic Partnership with €30 Million Commitment for Hydrogen Infrastructure Investments

DUBLIN, Ireland, July 22, 2025 (GLOBE NEWSWIRE) — via IBN — Fusion Fuel Green PLC (NASDAQ: HTOO) (“Fusion Fuel” or the “Company”), a provider of integrated energy solutions, today announced that Bright Hydrogen Solutions Ltd (“BrightHy Solutions”), a Fusion Fuel subsidiary and provider of hydrogen solutions, executed a non-binding Term Sheet (the “Term Sheet”) outlining the terms of a strategic partnership focused on investments in hydrogen projects and infrastructure with an integrated green energy technologies provider (the “Partner”). As contemplated by the Term Sheet, subject to execution of one or more binding agreements, the Partner would commit up to €30 million in capital over four years to be invested in certain hydrogen projects. These investments are expected to be channeled through special purpose vehicles held by a newly created investment entity to be majority-owned by the Partner.

The projects contemplated by the Term Sheet would be mid-scale hydrogen infrastructure projects, with a typical investment size ranging from €2 million to €5 million per project, and a maximum investment size of €10 million per project. Each project would be evaluated against certain sustainability, financial, and other benchmarks, with the strategic mission of delivering certain minimum unlevered returns.

The investment entity would be managed by BrightHy Solutions under a 10-year management agreement, with oversight provided by a board of directors and investment committee, which would include representatives of BrightHy Solutions and an independent director.

It is anticipated that the definitive agreements contemplated by the Term Sheet will contain customary representations, warranties and covenants made by BrightHy Solutions and the Partner. It is anticipated that definitive agreements will also contain certain termination rights for both BrightHy Solutions and the Partner, and, in connection with the termination of any such definitive agreements under certain circumstances, BrightHy Solutions and the Partner may be required to pay the other party a termination fee. Entry into definitive agreements will also be subject to: (i) legal, tax and accounting structuring advice, (ii) the satisfactory completion of due diligence investigation by the parties on all aspects of business, operations, financial condition and other assets and liabilities appropriate for a transaction of this nature, and (iii) the satisfaction of the conditions described in the Term Sheet.

Frederico Figueira de Chaves, Chief Executive Officer of BrightHy Solutions, commented:

This initiative represents a significant step forward in our ambition to scale clean hydrogen solutions and deliver long-term value for our stakeholders.

“BrightHy Solutions’ deep experience and capabilities in the hydrogen industry place us in a strong position to identify and deliver attractive hydrogen projects. We look forward to sharing more about this strategic development in the near future.”

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