🟢 Bloom Energy Corp is trading 5.1% up today after RBC Capital clarifies status of 1.8 GW AI data center project

Bloom Energy Corp is trading 5.1% up today at $261.64 after RBC Capital indicated that a major AI data center project involving the company remains on track.

• RBC Capital issued commentary easing worst-case fears regarding the 1.8 GW Wyoming project, clarifying that the partnership with Crusoe Energy is still moving forward.
• Shares are rebounding from a sharp decline on June 10, which was triggered by reports that the massive site where Bloom is to supply fuel cells had been paused.
• The clarification provides fresh confidence in Bloom's AI data center exposure and its long-term supply agreement for the project.