Fusion Fuel Expands Al Shola Gas LPG Distribution Capacity with New Bobtail Expected to Generate Approximately $1.6 Million in Annual Recurring Revenue at Target Run-Rate
Fusion Fuel announced an expansion of its Al Shola Gas LPG distribution capacity with a new bobtail, expected to generate approximately $1.6 million in annual recurring revenue at target run-rate. Once it reaches target delivery volume, the new bobtail is projected to bring in roughly AED 400,000 to AED 500,000 ($109,000 to $136,000) in monthly revenue.
Why it matters — The expansion signals growing recurring revenue potential for Fusion Fuel's LPG distribution operation, a key segment for HTOO watchers to follow.