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Bloom Energy (BE) Soars 14.9% as New 900-MW Plant Sparks Rosy Prospects

By Angelica Ballesteros | October 01, 2025, 5:37 PM

We recently published 11 Stocks Crushing Wall Street With Whopping Gains. Bloom Energy Corporation (NYSE:BE) is one of the top performers on Tuesday.

Shares of Bloom Energy jumped by 14.90 percent on Tuesday to finish at $84.57 apiece as investors loaded portfolios following reports of a new giant power plant in Wyoming that would utilize its fuel cells.

In a market note, RBC Capital reported that BFC Power LLC filed an application with the Wyoming Department of Environmental Quality for the construction of a new 900-MW power plant in Laramie, Wyoming using Bloom Energy Corporation’s (NYSE:BE) fuel cells.

According to RBC Capital, the plant would support a 1.8 GW data center being developed by Crusoe and Tallgrass. If approved, the new development is expected to start construction as early as next year.

RBC Capital viewed the project as a significant growth opportunity for Bloom Energy Corporation (NYSE:BE), adding that its fuel cells have various advantages such as quick deployment, high reliability, flexibility, and have lower emissions.

Bloom Energy (BE) Soars 14.9% as New 900-MW Plant Sparks Rosy Prospects
Photo by Tommy Krombacher on Unsplash

“We believe the application is another proof point for how Bloom is able to support the build out of behind-the-meter co-located datacenters,” the investment firm said.

Bloom Energy Corporation (NYSE:BE) currently holds an “outperform” rating and a $75 price target from RBC Capital.

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READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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