FCEL is trading 12.5% up at $24.55 after announcing a large clean-power agreement with Fit Energy to supply up to 380 MW of fuel cell systems for data center applications.
- The multi-year capital equipment purchase agreement includes warrant incentives tied to deployment milestones, strengthening the company's long-term revenue outlook.
- The deal positions FuelCell Energy as a key baseload power provider for energy-hungry AI infrastructure, boosting sentiment despite recent sector volatility.