NEW YORK (Thomson Financial) - FuelCell Energy Inc. said Wednesday it won an
order for 25.6 megawatts of power plants and fuel cell modules from South
Korea's POSCO Power valued at nearly $70 million.
FuelCell said it also signed a master service agreement covering all POSCO
Power installations.
FuelCell shares closed Tuesday at $7.96, and were running up 13% to $9 in
Wednesday's premarket.
Tomi Kilgore
tk1
COPYRIGHT
Copyright Thomson Financial News Limited 2007. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.
|