Movement Alert|Bloom Energy Overnight Rise 5.51%, Wyoming Data Center Project Confirmed Not Terminated and Major Long-Term Contracts Sustain Recovery

Market Focus06-25 08:14

On June 25, Bloom Energy rose 5.51% overnight, trading at $344.19/share, with turnover of $464,200, continuing its recent rebound trajectory.

On the news front, the Wyoming Cheyenne 1.8GW data center project that previously triggered market panic has been confirmed not terminated. Electric utility Black Hills explicitly stated it will continue advancing construction, with the project originally planned to incorporate approximately 900 MW of Bloom Energy fuel cell systems. Additionally, the company recently secured major long-term contracts, partnering with Brookfield on AI data center infrastructure with a total contract value of approximately $2.65 billion over 20 years. Oracle also raised its cloud infrastructure business growth forecast to 77%, further reinforcing AI data center power demand prospects, with Bloom Energy as Oracle's core SOFC supplier benefiting from improved order visibility.

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