FuelCell Energy Secures $25M in Repeat EXIM Financing for Gyeonggi Green Energy Fuel Cell Project in Korea

DANBURY, Conn., Dec. 01, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ:FCEL) has announced today that it has closed a new round of debt financing with the Export-Import Bank of the United States (EXIM), marking a continued commitment from EXIM to support the Company's growth ambitions to deliver utility grade power in international markets such as this collaboration with Gyeonggi Green Energy (GGE) in the Republic of Korea.

The transaction provides approximately $25 million in gross proceeds (before customary fees and reserves), and further strengthens FuelCell Energy's ability to deliver firm, efficient, and reliable baseload power to the utility market in South Korea and other international markets. This financing was executed under EXIM's Project & Structured Finance program, which enables U.S. exporters to compete globally in the natural resource and infrastructure sectors.

The financing builds on FuelCell Energy's successful track record with EXIM from ...

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FuelCell Energy Secures $25M in Repeat EXIM Financing for Gyeonggi Green Energy Fuel Cell Project in Korea

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