- FuelCell Energy (FCEL) priced a 10.71M-share offering at $21.00, raising roughly $200M with a 30-day 15% option; proceeds to expand manufacturing, fund working capital, and general corporate uses.
- Export-Import Bank backed $49M for FuelCell Energy (FCEL) to fund delivery of five 2.8MW units to South Korea; first tranche nets ~$22M, non-dilutive, supports growth and manufacturing.
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Key facts: FCEL raises ~$200M at $21; Ex-Im backs $49M Korea
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FuelCell Energy (FCEL) priced a 10.71M-share offering at $21.00, raising roughly $200M with a 30-day 15% option; proceeds to expand manufacturing, fund working capital, and general