# Fusion Fuel signs LOI for joint venture in South Africa

Fusion Fuel Green signed a non-binding Letter of Intent to form a joint venture with a South African specialized fuel company. Fusion Fuel will invest €480,000 for a 51% stake. The first project has been awarded by a multinational food and beverage corporation.

- Type: Partnership
- Announced: 2025-08-11
- Where: South Africa, South Africa
- Value: $530K (480K EUR)
- Status: announced
- Products: specialized fuel solution, boiler technology
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Fusion Fuel Green](https://endata.com/companies/86563.md)

## Sources

- [marketscreener.com](https://www.marketscreener.com/news/fusion-fuel-signs-non-binding-letter-of-intent-to-enter-joint-venture-for-specialized-fuel-project-i-ce7c5ed2dc8ef526), 2025-08-11: "The proposed transaction aligns with Fusion Fuel's strategic focus on near-term, revenue-generating, integrated energy investments."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.