Bloom Energy Is Riding the Data Center Boom to a $25 Billion Backlog. Plug Power Is Passing on It. Here's Why.

Key Points Bloom Energy secured a $25 billion financing deal with Brookfield to build AI-related power infrastructure for data centers. Plug Power is staying focused on forklifts, electrolyzers, and hydrogen production instead of pursuing data center opportunities. Wall Street rates Bloom Energy a "Moderate Buy" with notable upside, while Plug Power has a neutral "Hold" rating. 10 stocks we like better than Bloom Energy › Two fuel cell companies face the same AI-driven power opportunity, but they're taking opposite paths. Bloom Energy (NYSE: BE) has lined up $25 billion in financing to chase the data center boom head-on. Plug Power (NASDAQ: PLUG) is largely sitting this one out.