NYSE:BEElectrical
Bloom Energy (BE) Is Up 29.1% After Securing AEP’s $2.65 Billion Fuel Cell Megadeal - Has The Bull Case Changed?
In early January 2026, American Electric Power’s unregulated unit finalized a US$2.65 billion purchase of about 900 MW of Bloom Energy’s solid‑oxide fuel cells for a Wyoming power facility, backed by a 20‑year offtake agreement for all its output.
This utility‑scale order, one of the largest solid‑oxide fuel cell deployments to date, positions Bloom Energy as a key on‑site power provider for AI‑driven data center demand and long‑term grid‑adjacent generation.
Next, we’ll examine how this...