Danbury power company snaps up Bridgeport energy plant for $35.4M

New York /
May.May 15, 2019 04:55 PM

A Danbury-based fuel cell power company shelled out $35.4M for an energy plant in Bridgeport, Greenwich Time reported. FuelCell Energy, which built the plant back in 2013 for Dominion Energy, has now purchased the facility. FuelCell said the plant will bring in more than $15 million in annual revenue. The company, which has racked up a $1 billion deficit during its time as a public company, reported a $17.5 million loss in the three months leading up to the end of January, the outlet reported. [GT]


Related Articles

arrow_forward_ios
Placeholder image
Phase-two planning kicks off at $500M development in Hyde Park
Phase-two planning kicks off at $500M development in Hyde Park
Placeholder image
Bank claims DMX ‘abused’ bankruptcy system to nix Mt. Kisco home foreclosure
Bank claims DMX ‘abused’ bankruptcy system to nix Mt. Kisco home foreclosure
Placeholder image
Newmark Knight Frank completes 4 office leases in Greenwich and Stamford
Newmark Knight Frank completes 4 office leases in Greenwich and Stamford
Placeholder image
Former Carnegie estate modeled after Scottish castle hits market at $14M
Former Carnegie estate modeled after Scottish castle hits market at $14M
Placeholder image
Sandra Lee, NY Gov. Andrew Cuomo list New Castle home for $2.3M
Sandra Lee, NY Gov. Andrew Cuomo list New Castle home for $2.3M
Placeholder image
Fairfield County malls seek to adapt in light of retail’s ‘Amazon effect’
Fairfield County malls seek to adapt in light of retail’s ‘Amazon effect’
Placeholder image
Affordable assisted living facility proposed in Mount Vernon
Affordable assisted living facility proposed in Mount Vernon
Placeholder image
Developers hope to build apartments at Bridgeport movie theater site
Developers hope to build apartments at Bridgeport movie theater site
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...