NRG invests additional $35M in FuelCell Energy for 6% of company; establishes $40M financing facility
Green Car Congress
AUGUST 3, 2014
FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. The company’s project finance subsidiaries may draw on the facility to finance the construction of projects through the commercial operating date (COD) of the power plants.
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