FuelCell Energy Secures $25 Million in Debt Financing, Stock Jumps 9.1%

FuelCell Energy (FCEL) shares jumped 9.1% after securing $25 million in debt financing from the Export-Import Bank of the US to support international growth, particularly in South Korea. The funding will support the final phase of a 42-fuel-cell upgrade and strengthen the company's capacity to deliver power to the utility market in South Korea and other international markets. The shares closed at $6.93, up 8% from the previous close.