Fusion Fuel Green PLC announced on May 22, 2025, that its majority-owned operating subsidiary, Al Shola Al Modea Gas Distribution LLC (Al Shola Gas), has secured an estimated $2.7 million in new engineering contracts since the beginning of March 2025. These contracts cover design, supply, installation, maintenance, and operations.
Since January 2025, Al Shola Gas has also added more than 1,800 residential service contracts across 16 buildings in Dubai, UAE, and two commercial service contracts. These new utility contracts are projected to generate over $0.9 million in estimated recurring revenue, increasing the total utility customer base to over 12,000.
The company also provided an update on its bulk LPG supply, which has consistently exceeded 600 metric tons monthly and is growing organically at 10 to 20 metric tons per month. With new bobtail trucks expected, Al Shola Gas anticipates reaching 800 metric tons per month in bulk LPG supply by the end of the year.
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