Fusion Fuel Announces Al Shola Gas Contracted Engineering Project Portfolio of $5.2 Million Across 87 Projects
Fusion Fuel's UAE subsidiary Al Shola Gas disclosed an 87-contract LPG engineering portfolio worth approximately $5.2 million, with about 74% of the value already in execution. The company also received a binding $939,000 work order for its largest announced project in Motor City, added six new subcontracts worth roughly $290,000 in September, and has proposals pending for another $13.6 million of work. Fusion Fuel reaffirmed its FY2026 consolidated revenue outlook of €16-18 million, implying 11-25% growth over 2025's €14.4 million.
Key figures
- Guidance
- FY2026 consolidated revenue €16 million to €18 million, vs €14.4 million in 2025 (~11-25% YoY growth); reaffirmed
- Pct in execution
- 74%
- Revenue remaining
- $4.2 million
- Pipeline proposals
- $13.6 million
- Motor city work order
- $939,000
- Portfolio project count
- 87
- Expected 2027 recognition
- $2.2 million
- Contracted portfolio value
- $5.2 million
- Revenue recognized to date
- $1.0 million
- Expected q4 2026 recognition
- $1.0 million
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