FuelCell Energy Sells Project to AEP
FuelCell Energy, Inc. (FCEL)
Last fuelcell energy, inc. earnings: 3/16 07:00 am
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Source: GlobeNewswire
DANBURY, Conn., Aug. 30, 2018 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL), a global leader in delivering clean, innovative and affordable fuel cell solutions for the supply, recovery and storage of energy, today announced that it has sold the project company that owns the 1.4 megawatt fuel cell power plant located at Trinity College in Connecticut, to AEP OnSite Partners, an American Electric Power (NYSE: AEP) company. This project has been developed and constructed by FuelCell Energy and will be placed into commercial operation following the sale. The project company, under the new ownership of AEP OnSite Partners, will deliver clean power and heat to Trinity College under a multi-year power purchase agreement (PPA). The sale of this project company and its assets to AEP OnSite Partners will result in revenue recognition of product sales from FuelCell Energy’s generation project assets portfolio in August. FuelCell Energy will operate and maintain the power plant under
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Earnings
- 3/7/24 - Beat
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Analyst Actions
- 3/8/24 - Canaccord Genuity
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Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- FCEL's page on the SEC website