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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): March 9, 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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(Zip Code) |
Registrant’s 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)) |
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| Item 2.02. |
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Results of Operations and Financial Condition. |
On March 9, 2011, FuelCell Energy, Inc. (“FuelCell”) issued a press release announcing its
financial results and accomplishments as of and for the three months ended January 31, 2011. A
copy of FuelCell’s press release is attached to this report as Exhibit 99.1 and incorporated herein
by reference.
Subsequent to the
release of the attached, an immaterial revision was made to the disclosure of
backlog related to long-term service agreements of $2.3 million or a
difference of 3% from the amount reported in the press release. This revision
to the backlog disclosure had no impact on the consolidated financial
statements or the net loss to common shareholders reported by FuelCell.
FuelCell will provide the following updated backlog disclosure in its quarterly
Form 10-Q filing:
Total product sales and service backlog as of January 31,
2011 was $156.9 million compared to $84.1 million as of
January 31, 2010. Product order backlog was $78.9 million and
$58.3 million as of January 31, 2011 and 2010, respectively. Product
backlog at the end of the quarter includes 26.5 megawatts (MW) of power
plants and fuel cell component kits as well as orders for parts and work
associated with a commercial joint development agreement with POSCO Power for a
small scale DFC power plant for the commercial building market. Backlog for
long-term service agreements was $78.0 million and $25.8 million as of
January 31, 2011 and 2010, respectively.
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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 March 9, 2011. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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FUELCELL ENERGY, INC.
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| Date: March 11, 2011 |
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/s/ Joseph G. Mahler
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Joseph G. Mahler |
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Senior Vice President, Chief
Financial Officer, Corporate
Secretary and Treasurer |
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EXHIBIT INDEX
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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 March 9, 2011. |