FuelCell Energy rises after EXIM approves $49 million financing
29/06/2026 12:58
BUZZ-FuelCell Energy rises after EXIM approves $49 million financing ** Renewable power firm FuelCell Energy's FCEL.O shares rise ~10% to $26.30 premarket
** Company secures $49 million financing package from the U.S. Export-Import Bank (EXIM) to support the delivery of fuel cell units to South Korea
** Proceeds support delivery of five 2.8-MW fuel cell blocks to Gyeonggi Green Energy
** Funding will be disbursed in two tranches, with about $22 million expected on June 30 and a second tranche in October
** At last close, FCEL up 228.3% YTD
(Reporting by Varun Sahay in Bengaluru)
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