FuelCell Energy raises $245M in upsized equity offering to expand manufacturing capacity

Filed July 9, 2026 · Period ending July 7, 2026 · ~1 min read

Key Changes

• high

  Completed underwritten offering of 12.3M shares at $21/share, generating ~$245M net proceeds after underwriters fully exercised their option to purchase additional shares

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• high

  Offering upsized from initially announced $200M to $225M gross proceeds before fees, reflecting strong investor demand

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• high

  Proceeds earmarked for capital expenditures to expand manufacturing capacity to support growth, plus working capital and general corporate purposes

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →