Fusion Fuel Green shares surge 32.86% premarket after Al Shola Gas secures $1.37 million Dubai LPG contracts with recurring revenue.
ByAinvest
Wednesday, Dec 3, 2025 7:56 am ET1min read
HTOO--
Fusion Fuel Green PLC surged 32.86% in premarket trading following the announcement that its affiliate, Al Shola Gas, secured two Dubai LPG engineering contracts totaling $1.37 million, including a $1.23 million Motor City project expected to generate $630,000 in annual recurring revenue. The contracts, signed in late November 2025, mark a significant expansion of Al Shola Gas’s portfolio and customer base in the UAE. The projects, covering design, construction, and commissioning of central LPG systems for residential developments, underscore the company’s growth in energy engineering and recurring revenue potential. The Motor City development, the largest in Al Shola Gas’s portfolio, highlights scalable operational opportunities, while the Al Furjan project reflects customer diversification. The news aligns with Fusion Fuel’s strategic focus on expanding its industrial gas solutions and positions the company to benefit from long-term LPG supply agreements.
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