09:49 AM EST, 01/22/2025 (MT Newswires) -- FuelCell Energy ( FCEL ) said Wednesday that it will construct a 7.4 megawatt fuel cell power plant in Hartford, Connecticut.

The plant will provide the local grid with class 1 renewable baseload power, the company said.

FuelCell also said it will sell the power produced from the plant to Eversource and United Illuminating under a 20-year power purchase deal.

Shares of the company rose 2.5% in recent Wednesday trading.

Price: 9.20, Change: +0.22, Percent Change: +2.45