Movement Alert|Bloom Energy Corp Overnight Rise 4.18%, Wyoming Data Center Project Confirmed Not Terminated Supporting Order Recovery

Market Focus06-15

On June 15, Bloom Energy rose 4.18% overnight, trading at $272.91/share, with turnover of $1.9355 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. The project originally planned to deploy approximately 900 megawatts of Bloom Energy fuel cell systems, representing potential revenue of approximately $2.65 billion. While AI infrastructure company Crusoe was forced to exit the project — reportedly due to Google expressing concerns over cost and timeline — utility company Black Hills confirmed it will continue development directly with the end customer. Google is reportedly in final-stage negotiations to purchase computing resources from the project under a new partnership framework.

The project's continuation means Bloom Energy's related order expectations remain intact, gradually repairing the over-9% single-day decline triggered by the initial suspension announcement. Within the Heavy Electrical Equipment sector, NuScale Power rose 5.46%, X-Energy rose 3.77%, and GE Vernova rose 2.08%, with the sector broadly strengthening.

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