FuelCell Energy (NASDAQ:FCEL), cleantech company secured a US$200 million corporate loan facility from New York-based Orion Energy Partners. As part of the agreement, Orion Energy will be granted warrants for 20 million shares of FuelCell. A total of 8 million warrants will be based off of FuelCell's October 30 share price of US$0.24, while the remaining are valued at a premium to this price. As quoted in the press release: "We are pleased to close the new Facility with Orion Energy Partners. This successful transaction underscores the confidence Orion Energy Partners has in FuelCell based on its deep understanding of our business and our strategy, as well as the importance of the role our proprietary fuel cell technology plays in delivering a clean energy future," noted Jason Few, President and Chief Executive Officer of FuelCell Energy.