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FuelCell Energy Capacity Reservation for 75 MW Texas Data Center Faces Challenges

FuelCell Energy logoFuelCell Energy
Sig2.35Sen-4.10Env0.00Soc0.00Gov0.00

FuelCell Energy signed its first capacity reservation agreement for a planned 75 MW data center project in Texas, following quarter-end. The update is paired with a reiteration of a Hold stance for common and preferred shares, citing skepticism about the company’s technology and execution given a multi-decade history of substantial losses.

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