Al Shola Gas Expands UAE Utility Portfolio with $2.7M in New Engineering Contracts

Fusion Fuel Green PLC's subsidiary, Al Shola Gas, has made substantial progress in the United Arab Emirates utility market, securing approximately $2.7 million in new engineering contracts and significantly expanding its customer portfolio.

The company has added more than 1,800 residential service contracts and two commercial contracts since January, resulting in an expected increase of over $900,000 in recurring revenue. This growth positions Al Shola Gas as an increasingly important player in the region's energy services landscape.

Currently serving over 12,000 customers, Al Shola Gas supplies more than 600 metric tons of liquefied petroleum gas (LPG) monthly, with ambitious plans to increase its monthly distribution to 800 metric tons by the end of the year. This expansion demonstrates the company's strategic approach to meeting growing energy needs in the UAE.

The new engineering contracts and increased customer base highlight the growing demand for reliable and efficient energy solutions in the region. By providing comprehensive industrial gas services, including design, supply, and maintenance of LPG systems, Al Shola Gas is contributing to the infrastructure and energy requirements of commercial, industrial, and residential sectors.

This growth represents more than just a business achievement; it signals the ongoing transformation of the UAE's energy ecosystem. As the region continues to diversify its energy portfolio, companies like Al Shola Gas play a crucial role in developing sustainable and efficient energy infrastructure.

The company's performance underscores the potential for specialized energy service providers to create value in emerging markets, particularly in regions actively investing in modernizing their utility and energy distribution systems.