Dublin-based Fusion Fuel Green PLC has established Bright Hydrogen Holding through its subsidiary BrightHy Solutions to develop, finance, and deliver industrial-scale green hydrogen projects.

The platform will deploy up to €30 million of Partner-committed capital, released in three potential tranches of €10 million each.

BrightHy Solutions has been appointed as the exclusive manager and development partner, combining technical, commercial, and project development expertise with a structured investment framework. The platform will oversee project origination, construction, and operation, with funding contingent on board approval and governance protocols.

Bright Hydrogen Holding, wholly owned by the Partner, will act as a holding company for a portfolio of project special purpose vehicles. Revenue for BrightHy Solutions will come from an annual management fee and performance-based returns, with additional earnings possible as the EPC contractor for hydrogen plant construction under separate agreements.

The first approved project will be a green hydrogen production facility in Spain supplying an industrial cement operator, with construction expected to start in the first quarter of 2026.

“This is a significant milestone for all parties,” said Frederico Figueira de Chaves, CEO of BrightHy Solutions. “By introducing a phased investment approach for green hydrogen projects that aims to lower upfront capital obligations at the project company level, with funding released in tranches as projects are approved, we believe we are pioneering a novel solution for green hydrogen projects and supporting industrial companies to execute their decarbonization efforts.”

The phased €30 million investment framework sets a template for industrial-scale hydrogen rollout across Europe.

Discover how Fusion Fuel is shaping the hydrogen investment landscape in the full story.

Photo credits to Fusion Fuel