FuelCell Energy Funding Round

10/29/2026

Venture Equity

$49,000,000

Undisclosed

FuelCell Energy will use the $49 million EXIM-supported financing to support its contractual delivery and service obligations for the Gyeonggi Green Energy project in South Korea. The financing supports the delivery of five FuelCell Energy Blocks, each with a generating capacity of 2.8 MW, providing a combined additional capacity of 14 MW. The equipment is manufactured at FuelCell Energy's Torrington, Connecticut facility, supporting American manufacturing and export activity. The financing package was disbursed in two tranches, with the final tranche of approximately $24.7 million completed in October 2026. The project strengthens the supply of reliable, utility-scale clean electricity in South Korea.

Private & Independent

Alternative Energy

3 Great Pasture Road
Danbury, CT 06810
US

FuelCell Energy, Inc. is an American clean energy technology and manufacturing company specializing in fuel cell technology and sustainable power generation. The company designs, manufactures, installs, operates, and maintains fuel cell systems that provide reliable, low-emission electricity. Its solutions include distributed power generation, hydrogen production, carbon capture, energy storage, and combined heat and power (CHP) systems. It serves utilities, industrial facilities, data centers, and large commercial customers.