- Bloom Energy shares rose more than 3% in premarket trading ahead of its inclusion in the S&P 500 index.
- The U.S. Army conditionally awarded long-term leases to an Indelible-Bloom coalition to develop commercial power generation systems at Fort Detrick, Letterkenny Army Depot, and West Point, with development starting in 2027 and initial operation by 2030 or earlier.
- BMO Capital highlighted two additional positive catalysts: the New Mexico Supreme Court lifting a stay on Oracle's 2.45 GW data center air-permit proceedings, and Bloom Energy's $6.4 billion project financing with Brookfield Asset Management for data centers with Meta, American Tower, Equinix, and CoreWeave.
- These developments broaden Bloom's customer reach beyond Oracle's data-center footprint.
Quotes
“Shares of Bloom Energy Corp. (BE) rose more than 3% in premarket trading on Monday, ahead of its inclusion in the S&P 500 index”
“BMO Capital highlighted two other positive catalysts: the New Mexico Supreme Court lifting a stay on Oracle's 2.45 GW data center air-permit proceedings and Bloom Energy's $6.4 billion project financing with Brookfield Asset Management for data centers with Meta, American Tower, Equinix, and CoreWeave”