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Investor News

Plug Power Reports Breakthrough Fourth Quarter of 2018

By | Investor News, News | No Comments March 7, 2019
  • Fourth quarter gross billings of $62.1 million versus $32.9 million gross billings in fourth quarter 2017. The Company in 2018 had total gross billings of $184.8 million, a 42% increase versus 2017.
  •  Positive adjusted EBITDA for fourth quarter 2018, the first in the Company’s history
  • GAAP loss per share of $0.08; adjusted loss per share of $0.07
  •  Delivered fuel cell systems to power over 1,900 zero emission electric vehicles

FuelCell Energy Reports First Quarter Fiscal 2019 Financial Results and Business Update

By | Investor News, News | No Comments March 7, 2019
  • Arranged over $100 million of new project construction finance commitments in the first quarter of fiscal 2019
  • Completed the construction phase of our high efficiency SureSource 4000 plant solution

DANBURY, Conn.– 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 reported financial results for its first fiscal quarter ended January 31, 2019 and key business highlights. 

Sleeping Bear Capital Acquires Fuel Cell Manufacturer Adaptive Energy

By | Investor News, News | No Comments January 30, 2019
  • Sleeping Bear Capital acquires the fuel cell manufacturing business unit of Ultra Electronics
  • The division, now called Adaptive Energy, is the world’s leading maker of solid oxide fuel cells (SOFC) for back-up and portable power applications. Its fuel cell systems are powered by globally available and energy dense propane, butane, and natural gas
  • This acquisition is the first by Sleeping Bear Capital, a new technology-focused private equity firm. Sleeping Bear will support Adaptive Energy’s impressive growth trajectory by leveraging its operational and financial resources