FuelCell Energy, Inc. Appoints Chris Groobey to its Board of Directors
November 25, 2019 at 08:30 am EST
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FuelCell Energy, Inc. announced that its Board of Directors has appointed Chris Groobey to serve as a new independent director, effective November 20, 2019. Mr. Groobey was most recently a partner at the law firm Wilson, Sonsini, Goodrich & Rosati and previously was a partner with the law firm Baker & McKenzie. During Mr. Groobey’s legal career, he represented established and emerging renewable energy and energy technology companies, and the institutions that finance them, in transactions around the globe. He brings to the Board extensive experience in corporate law andfinance, project development and financing, and the commercialization and deployment of new energy technologies. Mr. Groobey’s appointment expands the Board to five directors, four of whom are independent. He will be a member of the Board’s Executive, Nominating and Corporate Governance, Audit and Finance, and Compensation Committees.
FuelCell Energy, Inc. is engaged in delivering environmentally responsible distributed baseload energy platform solutions through its fuel cell technology. The Company is a global manufacturer of stationary fuel cell and electrolysis platforms that decarbonize power and produce hydrogen. Its commercial technology produces electricity, heat, hydrogen, and water while separating carbon for utilization and/or sequestration. Its product portfolio is based on two electrochemical platforms, carbonate, and solid oxide. Both platforms can support power generation and combined heat and power applications using a variety of fuels, including natural gas, renewable biogas, and hydrogen. Its Carbonate platforms use a mixture of reforming and electrolysis, while solid oxide platforms can be used for pure hydrogen electrolysis. Its solid oxide platform operates on pure hydrogen fuel. Its commercial platforms include SureSource 1500, SureSource 3000, SureSource 4000 and SureSource Hydrogen.