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NRG invests $75M in FuelCell

New Jersey conglomerate NRG Energy, which operates nine power plants in Connecticut, has invested $75 million in Danbury clean power manufacturer FuelCell Energy.
NRG agreed to buy 14.6 million shares of FuelCell stock for $35 million. FuelCell plans to use the money from that sale closed on July 31 for project development and finance. The agreement gives NRG the option to buy an additional 2 million shares of stock for $6.7 million.
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