Why Is Fusion Fuel Stock Rising Pre-Market?

Fusion Fuel will own a 51% majority stake in the joint venture with a private energy firm in South Africa.

Fusion Fuel Green PLC (HTOO) has signed a non-binding letter of intent (LOI) to team up with a private energy firm in South Africa to develop a specialized fuel project for an industrial site in the region. 

Under the agreement, Fusion Fuel will own a 51% majority stake in the joint venture and will also invest €480,000 over four months.

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