Eos Energy Stock Pauses for the Holiday With a Challenge Ahead

Eos Energy Enterprises traded around $8 ahead of the U.S. market holiday, as Frontier Power USA, which is backed by Cerberus and linked to Eos, closed an initial project deal under its 2 GWh capacity reservation with the battery firm.

Eos Energy jumps after Texas battery contract tests its bet

Eos Energy jumps after Texas battery contract tests its bet

Eos Energy Enterprises shares climbed Thursday as Frontier Power USA agreed to buy a 480 megawatt-hour portfolio of battery energy storage projects from Bimergen Energy. This is the first significant deal tied to the deployment structure Eos unveiled with Cerberus Capital Management last week. A megawatt-hour is a unit of stored electricity, and battery energy storage system means grid-scale battery project.
Applied Digital Hits 1 GW, $31 Billion Bet Starts

Applied Digital Hits 1 GW, $31 Billion Bet Starts

Applied Digital on Wednesday said it has signed a 15-year take-or-pay lease with the same unnamed U.S. investment-grade hyperscaler already leasing at its Delta Forge 1 campus. The deal adds 300 megawatts of critical IT load at a new Polaris Forge 3 site, lifting contracted capacity for the Dallas-based company past 1 gigawatt. The lease, which requires the customer to pay whether or not it uses the full capacity, is worth about $7.5 billion over the base term.
Fervo Stock’s Hot Debut Got Bigger. Monday Is the Real Test

Fervo Stock’s Hot Debut Got Bigger. Monday Is the Real Test

Fervo Energy Company’s Class A common stock heads into its first full week on Nasdaq after a Friday filing showed the geothermal developer completed a larger initial public offering than the first headline number: 80.5 million shares at $27 each after the underwriters, the banks managing the sale, took their full option. Gross proceeds were about $2.174 billion before fees and expenses, the filing showed.
SolarEdge Stock Jumps 17% as Tax-Credit Deadline Puts SEDG Turnaround Back on Watch

SolarEdge Stock Jumps 17% as Tax-Credit Deadline Puts SEDG Turnaround Back on Watch

SolarEdge Technologies Inc. surged 17.47% Thursday, settling at $50.24, as the solar-equipment maker rode a burst of buying on the Nasdaq. Traders braced for a potential spike in orders with a July 4 U.S. solar tax-credit cutoff looming. According to Insider Monkey, developers aiming to lock in the federal incentive are expected to snap up equipment fast to secure safe-harbor status.
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