FuelCell Energy signs up to 380 MW fuel cell deal with Fit Energy; warrants issued

FUELCELL ENERGY INC

Capital Equipment Purchase Agreement for up to 380 MW, initial 30 MW phase 0 delivery expected in 2026.
Warrants for up to 12M shares at $26.44 issued to Fit; vesting tied to deposits on future phases (100 MW, 125 MW, 125 MW).
Fit receives registration rights for shares issuable upon warrant exercise.
Long-term services agreements of 15–20 years will be signed for each project site.
Canaccord Genuity acted as financial advisor to FuelCell Energy on the transaction.

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