FuelCell Energy Inc (FCEL)

[Maximilliano]

krays for clarification and not splitting hairs, the PPA's are negotiated and in place as of early 2018.

According to FCEL IR in an email, New York LIPA operates differently from other jurisdictions, as their order is 1/ negotiate PPA 2/ interconnect designs / engineering approvals 3/ land documentation for land leases 4/ execution of contracts.... whereas in other jurisdictions the contracts come first.

It is my understanding, per Bottone in CC, (the last step), execution of LIPA contracts will occur prior to FCEL fiscal year end October 31st...


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IMHO Heritage piece certainly may affect Bloom Energy, but as an industry fuel cell companies that do not receive subsidies like Bloom won't be included in any aftermath. Hopefully investors will be able to differentiate between subsidies where rate payers are affected and clean air initiatives like in California.

Construction commencement announcements for Toyota, Exxon, and LIPA should have a positive effect on FCEL stock....yes, big announcement is needed soon for a significant boost.