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 terms of the equity transaction include a warrant giving NRG the right to purchase an additional 2.0 per annum for construction-period financing and 8.0%
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