Fervo’s $8 Billion Stock Value Tops Ormat — Now Comes the $1 Billion Cost Test

Fervo Energy Company closed Friday at $27.13, giving the geothermal developer a $7.99 billion equity value — about 17% more than Ormat Technologies, an established listed geothermal operator worth $6.80 billion. That premium now rests heavily on whether Fervo’s new 21-day drilling record can translate into lower plant costs and reliable power sales.

NASDAQ:FRVO · NYSE:ORA · Renewable Energy · Stock Market
Plug Power Drops After Broker Cut Wipes $1.75 Billion, 50-MW Order Not Enough

Plug Power Drops After Broker Cut Wipes $1.75 Billion, 50-MW Order Not Enough

Plug Power Inc. dropped 5.5% to $2.25 late Friday morning after Susquehanna lowered its 12-month target price to $2.50 from $3.75. The cut took $1.25 off the target on about 1.40 billion shares, slicing around $1.75 billion from the broker’s implied equity value. That’s about 56% of Plug’s current $3.13 billion market cap. These are target numbers—not an actual market loss.
10 July 2026
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Brookfield (NYSE:BAM) raises AI power deal framework to $25B; Bloom Energy (NYSE:BE) stock moves

Brookfield (NYSE:BAM) raises AI power deal framework to $25B; Bloom Energy (NYSE:BE) stock moves

Bloom Energy shares soared late Tuesday as Brookfield Asset Management increased its financing framework for Bloom’s AI infrastructure power projects to $25 billion, up from $5 billion. The move shifts the deal into a test for Bloom’s ability to deploy the new capital quickly. Reuters said the stock climbed 12% in after-hours trading after the two groups revealed the new figure.
1 July 2026
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