Fusion Fuel Green PLC and Alien Fuel Form Joint Venture for Industrial Decarbonization Project in South Africa

Reuters10-16

<a href="https://laohu8.com/S/HTOO">Fusion Fuel Green PLC</a> and Alien Fuel Form Joint Venture for Industrial Decarbonization Project in South Africa

Fusion Fuel Green plc has signed a definitive Joint Venture Agreement with Alien Fuel (Proprietary) Limited to establish Biosteam Energy Proprietary Ltd for the Fairfield Industrial Decarbonization Project in Howick, KwaZulu-Natal, South Africa. Under the agreement, Fusion Fuel will hold a 51% ownership stake and provide initial funding of R10 million to support the management and administration of Biosteam Energy and the Fairfield Project. The joint venture aims to deliver measurable emissions reductions and long-term economic value by supplying sustainable biomass-based steam to Fairfield Dairy and generating additional revenue from carbon credits. Fusion Fuel also received a right of first refusal to participate in future projects within the scope of Biosteam Energy's business.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fusion Fuel Green plc published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-018245), on October 16, 2025, and is solely responsible for the information contained therein.

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