BW Lands Massive $2.4 Billion AI Data Center Power Contract – Shares Surge
Babcock & Wilcox secures full $2.4B contract to build 1.2GW natural gas power capacity for Applied Digital's AI data centers.
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Plug Power Q4 2025: Revenue Jumps 18%, Adjusted EPS Tops Estimates, Path to Profitability Emerges
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 to Go Private: $10.7B Buyout at $15/Share Led by BlackRock's GIP and EQT
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.
Venture Global Sees Lower 2026 Earnings After Storm Disruption —Shares Jump on New Deals
Venture Global forecasts 2026 adjusted EBITDA $5.2–5.8B, missing Wall Street views due to storm impact. New Trafigura deal signed; shares rise 9%.
BlackRock's GIP Teams Up with EQT in Advanced Talks to Buy AES Corp
BlackRock’s GIP and EQT are in advanced talks to acquire AES Corp. The stock jumped 6% amid surging electricity demand from AI data centers. A deal could be announced as early as next week.
SOC Shares Hit Hard by Santa Barbara Court Setback, But Analyst Stays Bullish on Federal Path Forward
Sable Offshore shares drop after a California judge's preliminary ruling keeps an injunction on pipeline restart in place.