PR Newswire·Nov 12, 2026, 7:11 AM ET

Data Center Power Suppliers Post Backlog and Guidance Updates Alongside a Fuel Cell Deal

Five power & grid companies supplying data centers closed higher on Nov. 11, 2026, led by Bloom Energy's 13.0% gain.
Bloom Energy stock rose to $209.47 after NTT DATA agreed to deploy 900 MW of onsite fuel cells for global data centers, with initial shipments starting in 2027.
GE Vernova closed at $808.24, up 1.4%, reporting Q3 2026 orders of $29.3 billion, a $197 billion backlog, & raised 2026 revenue guidance to $46.5-$47.5 billion.
Constellation Energy closed at $274.73, up 2.6%, reporting Q3 earnings & announcing power purchase agreements enabling $4.3 billion in nuclear uprates & $3 billion in investment for Amazon.
Talen Energy closed at $378.71, up 4.9%, reporting Q3 results & introducing 2027 guidance alongside a $1.5 billion accelerated share repurchase program.
Quanta Services closed at $607.94, up 4.3%, reporting Q3 revenue of $12.01 billion, record backlog of $63.7 billion, & raised 2026 financial expectations.
The U.S. Energy Information Administration forecasts record 2026 electricity generation of 4,390 billion kWh, driven by commercial demand & summer heat.
The EIA projects electricity generation growth will slow to 1.2% in 2027 compared to the 2.7% increase seen in 2026.