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Month: September 2020

FuelCell Energy Announces Third Quarter Results Conference Call on September 10, 2020 at 10 A.M. Eastern Time

DANBURY, Conn., Sept. 04, 2020 (GLOBE NEWSWIRE) — FuelCell Energy  (Nasdaq: FCEL) — a global leader in fuel cell technology — with a purpose of utilizing its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy — today announced the upcoming release of its third quarter results prior to the Stock Market Open on Thursday, September 10, 2020.  FuelCell Energy management will subsequently host a conference call with investors beginning at 10:00 a.m. Eastern Time on Thursday, September 10, 2020 to discuss the third quarter results for fiscal 2020.Participants can access the live call via webcast on the Company website or by telephone as follows:The live webcast of this call and supporting slide presentation will be available at www.fuelcellenergy.com.  To listen to the call,...

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Allied Announces Closing of $153.3 Million Private Placement of Units

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES OF AMERICATORONTO, Sept. 04, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) (“Allied”) announced today that it has closed its previously announced private placement of 4,143,108 units. The units were issued from treasury at a price of $37.00 per unit for gross proceeds of $153.3 million.Allied will use the net proceeds of the offering to fund its development program into 2021. In doing so, Allied will maintain its industry-leading debt metrics within target ranges, most importantly its net debt as a multiple of annualized adjusted EBITDA. Allied expects its development program to generate substantial amounts of new recurring rental revenue in 2021, 2022 and beyond.  The units have not been, and will not be,...

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