By Jordan Novet
Publication Date: 2026-04-13 22:32:00
KR Sridhar
Cameron Costa | CNBC
oracle is ready to make money quickly from an investment Flower energy.
Thursday was Oracle an arrest warrant issued plans to acquire up to 3.53 million shares of the fuel cell maker at $113.28 per share, for a total investment of $400 million, under a deal announced in October. After the close of trading on Monday, the two companies said this expand a previous partnership that saw Oracle contract for 1.2 gigawatts of capacity from Bloom.
Bloom shares rose 15% after the announcement, rising to nearly $203 and representing a $316 million gain for Oracle over the option price. Oracle has until October 9 to exercise the arrest warrant.
According to Monday’s announcement, Oracle plans to procure up to 2.8 gigawatts of Bloom systems in total. The software company has signed a contract for 1.2 gigawatts and plans to complete deployment in 2027. The companies first came together in 2027 Julywhen Bloom said it would supply energy to US Oracle data centers…
