FuelCell Energy, Inc. (FCEL.US) surged before market open! Secure a large order to supply 380 megawatts of power to data centers.

FuelCell Energy, Inc. (FCEL.US) announced a partnership with Fit Energy USA, focusing on advanced computing infrastructure and AI electricity solutions, to utilize FuelCell's utility-grade fuel cell technology to provide clean and stable on-site power supply of up to 380 megawatts (MW) for data centers. Fueled by this news, FuelCell Energy, Inc. saw a pre-market surge of over 14% in Wednesday's U.S. stock market. FuelCell Energy, Inc. stated that Fit Energy will be eligible to receive warrants tied to future project deployments milestones, covering a deployment scale of up to 380MW. The warrant structure is designed to combine long-term value creation with project success execution and customer deployment. Under the agreement, Fit Energy has made an immediate prepayment for the first 30MW power project, with plans to begin delivery later this year. President and CEO of FuelCell Energy, Inc., Jason Few, stated: "This agreement further validates our decision to expand our operational scale to 500MW, enabling us to maintain the ability to service a broad and growing customer pipeline."