Replies to post #16348 on FuelCell Energy Inc (FCEL)

[Maximilliano]

Drgdarf yes I read that in the 8K.

NYISO shows the 2 FCEL LIPA's now Status 7> FS pending (Facilities study).

Next is cost allocation of projects. FCEL must be very confident on these two LIPA projects to locate Clare Rose equipment ahead of the next few "costs" reviews to Status 11 as Status 12 is construction.

I agree FCEL wants to lock in the tax credits....NY does the PPA's at the end after engineering and interconnections rather than the beginning like other municipalities so I am unsure what constitutes the "start" of a project in NY as it relates to the tax credits.

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By the way, the PPA's for the two NY LIPA projects are already negotiated per IR at FCEL.