UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 31, 2011
FUELCELL ENERGY, INC.
(Exact name of registrant as specified in its charter)
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Delaware
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1-14204
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06-0853042 |
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(State or other jurisdiction
of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.) |
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3 Great Pasture Road,
Danbury, Connecticut
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06813 |
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(Address of principal executive offices)
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(Zip Code) |
Registrants telephone number, including area code: (203) 825-6000
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
On May 31, 2011, FuelCell Energy, Inc. (FuelCell) issued a press release announcing a
two-year order for 70 megawatts (MW) of fuel cell kits from POSCO Power. The total value of the
order and other commitments for services is estimated to be at least $129 million with delivery of
fuel cell kits beginning in October 2011 and occurring monthly through October 2013. FuelCell also
announced that its second quarter 2011 earnings will be impacted by a non-recurring charge of
approximately $9 million as a result of a repair and upgrade program for a select group of 1.2 MW
fuel cell modules produced between 2007 and early 2009. The non-recurring charge will be accounted
for as an increase to cost of goods sold. A copy of FuelCells press release is attached to this
report as Exhibit 99.1 and incorporated herein by reference.
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Item 9.01. |
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Financial Statements and Exhibits. |
(d) Exhibits.
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Exhibit No. |
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Description |
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99.1 |
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FuelCell Energy, Inc., Press Release, issued May 31, 2011. |
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