Movement Alert|Bloom Energy Rises 5.24% in Regular Trading, Wyoming Data Center Project Confirmed Not Terminated as Stock Extends Recovery

Market Focus06-15

On June 15, Bloom Energy rose 5.24% in regular trading, reaching $275.25/share with turnover of $217 million, extending its recent rebound trajectory.

On the news front, the Wyoming Cheyenne 1.8GW data center project that previously triggered a sharp selloff has been confirmed as not terminated. Although Crusoe was forced to exit the project development after its client Google raised concerns over cost and timeline, utility company Black Hills stated it will continue advancing the data center construction, with an expected commissioning date in early 2028. The project originally planned to incorporate approximately 900MW of Bloom Energy fuel cell systems, corresponding to potential revenue of roughly $2.65 billion. The project's continuation means related order expectations remain intact, and the prior single-day drop of over 9% is being progressively recovered.

Within the Heavy Electrical Equipment sector, the overall sector posted gains. Among individual stocks, X-Energy up 14.31%, NuScale Power up 10.82%, NANO Nuclear Energy up 9.08%, GE Vernova up 2.63%, Forgent Power Solutions up 2.63%.

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