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FuelCell ends Huron engagement on high note

|About: FuelCell Energy, Inc. (FCEL)|By:, SA News Editor

FuelCell Energy (NASDAQ:FCEL) says it's ended its engagement with Huron and restructuring services provided effective with the end of October.

The decision was based on the outcome of a successful restructuring, including "right-sizing," cost controls and payoff of substantial debt.

"Huron engaged at a difficult time in the Company’s history and has completed its role successfully positioning FuelCell Energy in a much stronger position just four months after the initial engagement," says FuelCell CEO Jason Few.

FCEL is up 7.9% after hours.

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