After hitting a fresh 52-week low on Monday, an Ireland-based utility company is catching a pretty significant premarket bid on Tuesday after it was announced that the company has signed a ten year offtake contract with European developer Hydrogen Ventures Ltd for thirty tonnes of %GreenHydrogen per annum, according to the release.

The deal is said to start in the fourth quarter of 2023 and will be a 10 year agreement. This caused shares of %FusionFuelGreen (Nasdaq: $HTOO) to get bid up to $2.51/share (+5.91% implied open for sellers) at the time of writing. It should be an exciting session for this micro cap!

Fusion Fuel Green PLC is a company that has developed a Green Hydrogen production technology. It is focused on generating cost-effective and competitively priced Green Hydrogen.

Micro Cap Surges On 10-Year Deal Announcement

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