Legislators And Danbury-Based FuelCell Energy Call For Legislature And Governor To Support The Industry Via Passage Of Amendment To Senate Bill 9

Legislators And Danbury-Based FuelCell Energy Call For Legislature And Governor To Support The Industry Via Passage Of Amendment To Senate Bill 9

(Global Newswire, 5/4/18)

DANBURY, Conn., May 04, 2018 (GLOBE NEWSWIRE) — FuelCell Energy, Inc. (Nasdaq:FCEL), a global leader in delivering clean, innovative and affordable fuel cell solutions for the supply, recovery and storage of energy, this morning at an 11:00 AM press conference at the State Capitol in Hartford, leaders of Danbury-based FuelCell Energy (FCE), joined by State Representatives Michelle Cook of Torrington, David Arconti of Danbury, and Tom Delnicki of South Windsor, called upon legislators of both parties to support a legislative amendment that the company’s CEO, Chip Bottone, said is “our company, and the economy that depends on our industry.”

The fuel cell industry currently provides an estimated 2,843 jobs in Connecticut, creates $601 million annually in revenue and investment, $286 million annually in labor income, and currently pays $37 to $41 million annually in taxes, all of which have a significant bearing on Connecticut’s economy and substantial potential for growth.

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