Bloom Energy Partners with Nebius on 328 MW AI Project, Shares Up 12%
Bloom Energy shares climbed over 12% and Nebius stock surged 15% after announcing a long-term AI infrastructure partnership using Bloom’s fuel cell technology. The collaboration aims to deploy 328 MW of clean energy capacity this year and supports Nebius’s plan to reach 4 GW contracted power by year-end.
1. Partnership Details
Bloom Energy and Nebius Group finalized a long-term agreement for Nebius to integrate Bloom’s solid oxide fuel cell stacks into AI cloud server sites. The deal addresses power reliability challenges and supports sustainability by providing on-site clean energy solutions tailored for high-demand computing environments.
2. Stock Market Reaction
Bloom Energy shares surged over 12% to a fresh 52-week high following the announcement, while Nebius stock jumped 15% in regular trading and an additional 8.4% in premarket activity. The move highlights investor enthusiasm for energy providers enabling next-generation AI infrastructure.
3. Project Scale and Guidance
The first joint installation is set to deliver 328 MW of clean fuel cell capacity by year-end, feeding Nebius’s AI data centers and bolstering its contracted power guidance to 4 GW. Nebius reported a 684% revenue increase to $399 million in Q1 2026, underlining robust demand for its cloud energy services.