President Trump prepares to use Cold War-era Defense Production Act to override California regs, restart Sable Offshore's Santa Ynez platforms amid Iran war oil crunch & soaring gas prices.
BofA upgrades SolarEdge (SEDG) to Neutral from Underperform, raising the price target to $40 from $17, citing stabilized margins, revenue, liquidity, and regained U.S. inverter market leadership.
Jefferies analyst highlights a key DOJ opinion supporting the use of the Defense Production Act to bypass California laws halting offshore oil production and pipelines for Sable Offshore.
Babcock & Wilcox secures full $2.4B contract to build 1.2GW natural gas power capacity for Applied Digital's AI data centers.
Plug Power reports Q4 2025 adjusted EPS of -$0.06, beating consensus estimates of -$0.11. Revenue up 18% YoY to $225M, positive gross margin achieved, and $275M+ liquidity boost planned for 2026.
AES Corporation agreed to $10.7B buyout by GIP (BlackRock), EQT-led consortium. Shareholders get $15/share cash; enterprise value $33.4B. Deal to close late 2026/early 2027.
