FuelCell Energy Shares Propelled on Possible Buyout Rumor

 
 
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* Fcel

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* London City - London, Greater - England

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* Mergers

LONDON - Jan. 2, 2020 - PRLog -- Rumors have resurfaced yet again of a takeover, this time focusing on Exxon Mobil Corp. as the aggressor, according to a source. A successful deal would be launch the company forward, giving access to multiple international subsidies under it's belt but one that would most likely show extreme success since Jason Few signed on as its new President and Chief Executive Officer in August 2019.

ExxonMobil and FuelCell Energy began working together since 2016 with a focus on better understanding the fundamental science behind carbonate fuel cells and how to increase efficiency in separating and concentrating carbon dioxide from the exhaust of natural gas-fueled power generation.

About FuelCell Energy, Inc.
FuelCell Energy, Inc. (FCEL) delivers efficient, affordable and clean solutions for the supply, recovery and storage of energy.  We design, manufacture, undertake project development of, install, operate and maintain megawatt-scale fuel cell systems, serving utilities and industrial and large municipal power users with solutions that include both utility-scale and on-site power generation, carbon capture, local hydrogen production for transportation and industry, and long duration energy storage.  With SureSource™ installations on three continents and millions of megawatt hours of ultra-clean power produced, FuelCell Energy is a global leader in designing, manufacturing, installing, operating and maintaining environmentally responsible fuel cell power solutions.  Visit us online at www.fuelcellenergy.com and follow us on Twitter @FuelCell_Energy.

Content may include mentions of rumors, chatter, or unconfirmed information. Readers should beware that while unconfirmed information may be correlated with increased volatility in securities, price movements based on unofficial information may change quickly based on increased speculation, clarification, or release of official news.
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