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Stock impact report

Bloom Energy (BE) Rockets 12.8% After Bagging New Billion-Dollar Deal [Yahoo! Finance]

Bloom Energy Corporation Class A (BE) 
Last bloom energy corporation class a earnings: 11/7 04:26 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Bloom Energy rallied for a second day on Thursday, jumping 12.81 percent to close at $121.84 apiece after securing another $2.65 billion worth of fuel cell supply deal with one of the largest power generators in the US. In a regulatory filing, American Electric Power (AEP) said that its unregulated subsidiary successfully inked a purchase agreement with Bloom Energy Corporation (NYSE:BE) for another 900 MW of solid oxide fuel cells to support its power plant operations. A Bloom Energy power generation system. Photo from Bloom Energy website The development forms part of a deal signed in November 2024, covering 1 GW of supply, with an initial delivery of 100 MW. The extended contract would support AEP's recently signed 20-year power purchase agreement with a high investment grade third party customer which committed to purchase 100 percent of the electricity produced by a planned fuel cell generation facility in Cheyenne, Wyoming. Despite the developments, Bloom Energy Corpo Show less Read more
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