Danbury-based FuelCell Energy gets pop after Bridgeport deal

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FuelCell Energy, the maker of stationary fuel cell plants, got an 8 percent lift in share price Friday morning after announcing a deal to sell its 14.9 megawatt plant project in Bridgeport to Dominion.

The sale of the plant was announced this morning and Connecticut Light and Power has signed on to buy the power. The financial details of the deal were not immediately disclosed, but the project has been valued at $65 million.

Shares in FuelCell Energy were up 7 cents to 95 cents in morning trading. Shares in Dominion were off slightly by 0.25 percent to $51.21

Categories: Energy, Wall Street
Rob Varnon

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