FuelCell Energy Receives Second Tranche Of Previously Announced $49M Financing Supported By U.S. EXIM Bank; ~$24.7M Balance Completes The Financing Package

The financing supports FuelCell Energy’s delivery of five 2.8-megawatt (MW) FuelCell Energy Blocks to Gyeonggi Green Energy (GGE) in South Korea. With nearly 60 MW of installed capacity, the GGE site is among the largest fuel cell installations in the world, has been in continuous operations for 13 years, and demonstrates FuelCell Energy’s long-standing experience delivering distributed, utility-scale power solutions.

The transaction builds on EXIM-supported financing completed by FuelCell Energy in 2024 and 2025 and further connects the company’s U.S. manufacturing base with international demand for reliable power. FuelCell Energy manufactures its fuel cell platforms in Torrington, Conn., and more than 90% of its supply chain is sourced from the United States.