New York, January 5, 2026, 15:20 EST — Regular session
- Bloom Energy shares rise about 6% in afternoon trade, touching $107.24 earlier
- Focus returns to a $600 million revolving credit facility disclosed in a December SEC filing
- Next on the radar: Jan. 9 U.S. payrolls data and Jan. 13 CPI
Bloom Energy shares rose about 5.9% to $104.50 in afternoon trade on Monday as investors weighed the fuel-cell maker’s access to fresh liquidity. The stock hit an intraday high of $107.24.
The move matters because financing has become a key swing factor for fast-growing clean-energy companies that still face choppy cash flows. For Bloom, balance-sheet flexibility is under scrutiny as demand builds for on-site power systems tied to data centers and other large electricity users.
A revolving credit facility is essentially a bank line of credit that a company can draw on and repay, rather than a one-time loan. That can help smooth working-capital needs and fund spending when project timing and customer payments do not line up neatly.
Trading was active, with about 9.7 million shares changing hands by midafternoon, versus Bloom’s prior close of $98.69, according to market data.
In a Dec. 23 filing, Bloom said it entered a credit agreement with Wells Fargo and other lenders that provides a $600 million senior secured multicurrency revolving credit facility, maturing in December 2030. The company said borrowings can be used for working capital, capital expenditures and permitted acquisitions, and that pricing is tied to Term SOFR — a U.S. dollar benchmark rate — plus a margin that steps with leverage, while the facility is secured by liens on most of the company’s personal property and includes leverage and interest-coverage tests. SEC
Bloom’s gains came alongside strength in other fuel-cell names, with Plug Power up about 8% and FuelCell Energy up around 3%, while the SPDR S&P 500 ETF was modestly higher.
Bloom also remains closely tied to the debate over how the power grid will handle rising electricity demand. Chief executive K.R. Sridhar told Fast Company that “As AI’s explosive growth collides with grid limitations, businesses and regulators will accelerate adoption of next-generation energy models.” Fast Company
Still, credit lines can cut both ways. Drawing on the facility would add debt and interest expense, and the covenants can tighten financial flexibility if operating results weaken or project deployments slip.
Traders are watching whether Bloom can hold above $100, a key psychological level, as attention shifts to macro data that can move high-volatility growth shares. The next near-term catalysts include the U.S. employment report on Jan. 9 and CPI on Jan. 13. Bureau of Labor Statistics
