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Last €0.77 EUR
Change Today +0.003 / 0.39%
Volume 500.0
FEY On Other Exchanges
As of 11:43 AM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

fuelcell energy inc (FEY) Snapshot

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52 Week High
09/8/14 - €2.05
52 Week Low
08/24/15 - €0.55
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Current Stock Chart for FUELCELL ENERGY INC (FEY)

fuelcell energy inc (FEY) Related Businessweek News

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fuelcell energy inc (FEY) Details

FuelCell Energy, Inc., together its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation. The company is also involved in the development, design, production, and sale of fuel cell products under the Direct FuelCell name. Its power plants electrochemically produce electricity and heat using various fuels, including natural gas, methanol, diesel, biogas, coal gas, coal mine methane, and propane. The company serves electric utilities, independent power producers, and governments; and education and healthcare, gas transmission, industrial and data centers, commercial and hospitality, oil production and refining, wastewater treatment, food and beverage, agriculture, and landfill gas sectors. It has an installed base and backlog of approximately 300 megawatts. The company operates in the United States, South Korea, England, Indonesia, Germany, Canada, and Spain. It has strategic alliances with POSCO Energy; The Fraunhofer Institute for Ceramic Technologies and Systems; and NRG Energy. The company was founded in 1969 and is headquartered in Danbury, Connecticut.

622 Employees
Last Reported Date: 01/9/15
Founded in 1969

fuelcell energy inc (FEY) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $401.9K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $267.3K
Chief Operating Officer and Senior Vice Presi...
Total Annual Compensation: $296.2K
Compensation as of Fiscal Year 2014.

fuelcell energy inc (FEY) Key Developments

FuelCell Energy Inc. Approves Amendment to Amendment and Restated Certificate of Incorporation

FuelCell Energy Inc. proposed amendment is approved by its shareholders, it will become effective upon the filing of a certificate of amendment to company's amended and restated Certificate of Incorporation with the Secretary of State of the State of Delaware. The amendment to the Certificate of Incorporation requires the affirmative vote of a majority of the shares outstanding.

FuelCell Energy Receives Non-Compliance Notice From NASDAQ

On August 12, 2015, FuelCell Energy, Inc. received a letter from the NASDAQ Stock Market stating that the Company was not in compliance with NASDAQ Marketplace Rule 5450(a)(1) because the bid price of the Company’s common stock closed below the required minimum $1.00 per share for the previous 30 consecutive business days. This notification has no immediate effect on the listing of the Company’s common stock. In accordance with NASDAQ rules, the Company has a period of 180 calendar days to regain compliance with the minimum bid price rule. If at any time before February 8, 2016, the bid price of the Company’s common stock closes at $1.00 per share or higher for a minimum of 10 consecutive business days, NASDAQ will notify the Company that it has regained compliance with the minimum bid price rule. The Company has notified NASDAQ of its intention to regain compliance with the NASDAQ bid price requirement. The Company is in compliance with all other NASDAQ listing standards. If the Company is unable to demonstrate compliance with Rule 5450(a)(1) by February 8, 2016, the Company can submit an application to transfer its securities to The NASDAQ Capital Market and request an additional 180 day period to regain compliance with the minimum bid price requirement.

Fuelcell Energy Inc. Appoints Paul F. Browning and Matthew F. Hilzinger as Board Directors

FuelCell Energy Inc. announced the appointment of two new members to the Company’s Board of Directors, including Paul F. Browning, former President and Chief Executive Officer, Irving Oil Company Limited and Matthew F. Hilzinger, Executive Vice President and Chief Financial Officer, USG Corporation. These additions to the FuelCell Energy Board of Directors increase the total number of members to ten. Most recently, Mr. Browning served as President and Chief Executive Officer of Irving Oil Limited. Previously, Mr. Browning led General Electric’s Thermal Products division. Prior to GE, Mr. Browning spent 12 years at Caterpillar including responsibility for the engineering, product development, manufacturing and supply chain of the industrial gas turbine business, Solar Turbines, and culminating in the position of Managing Director of MAK in the Marine & Petroleum Power division, based in Kiel, Germany. Currently, Mr. Hilzinger is Executive Vice President and Chief Financial Officer for USG Corporation. Previously, Mr. Hilzinger spent 10 years at Exelon Corporation advancing to Chief Financial Officer where he was responsible for finance and risk management. Prior to Exelon, Mr. Hilzinger held a variety of financial and operating roles, including Corporate Controller at Kmart Corporation, Vice President International Operations at Handelman Company and Manager at Arthur Andersen.


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