Bullish
$FCEL FuelCell Energy, Inc. (Nasdaq: FCEL), a leading clean energy company, announced a new, 8-year $200 million strategic corporate loan facility with Orion Energy Partners. The Company is planning to leverage the initial October/November 2019 draws totaling $80 million to primarily support execution of certain projects within the Company’s $2 billion project backlog. The balance of the Facility, or $120 million, will be available over the first 18 months to invest in strategic growth, providing working capital as needed. streetinsider.com/Corporate... Other Fuel Cell competitors $BLDP $PLUG $CPST have rocketed in recent years but FCEL is still down hundreds of percents by the 5 year charts. $1 is unavoidable.
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