Bloom Energy stock jumps 14% on $502M Quanta microgrid disclosure — what investors watch next
Bloom Energy shares rose 13.6% Friday to $98.69 after Quanta’s U.S. unit disclosed a $502 million purchase of Bloom fuel-cell microgrid systems in California. The deal covers three facilities and installation services. Bloom also secured a $600 million revolving credit line from Wells Fargo. Investors now await U.S. jobs data on Jan. 9 and Bloom’s earnings in late February.