SABUGO, Portugal, Jan. 11, 2023 (GLOBE NEWSWIRE) — Fusion Fuel (NASDAQ:HTOO) announced today that the company welcomed a delegation including Prime Minister António Costa, Mayor of Benavente, Carlos Coutinho, Secretary of State for the Economy, Pedro Cilínio, and Secretary of State for Energy and Climate, Ana Fontoura Gouveia, along with representatives from the Portuguese Agency for Competitiveness and Innovation, I.P. (‘IAPMEI’) and the Municipality of Sines to its Benavente electrolyzer factory yesterday morning. The site visit was part of a country-wide tour of the fifty-one consortia that were approved for financing through Component 5 (“C-05”) of Portugal’s National Recovery and Resilience Plan. The company had previously announced that its consortium, the Sines Green Hydrogen Valley Alliance, had been approved for €36 million in C-05 funding late last year. Several consortium members were also in attendance.

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