Oracle expands Bloom Energy deal days after receiving $400 million stock warrant
Tehnologie
Oracle is poised to make a quick buck off an investment in Bloom Energy . On Thursday, Oracle was issued a warrant to purchase up to 3.53 million shares of the fuel cell maker at $113.28 a share, for a total investment of $400 million, as part of an agreement announced in October. After the close of trading on Monday, the two companies said they're expanding a prior partnership, with Oracle contracting 1.2 gigawatts of capacity from Bloom. Shares of Bloom soared 15% on the announcement, lifting
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