Eos Energy Enterprises Shares Gain Following Deal to Help Power Google Data Centers
By Connor Hart
Shares of Eos Energy Enterprises climbed after the company said it would help deliver new, clean, around-the-clock energy resources to the PJM grid, supporting growing demand in the Mid-Atlantic region.
The stock rose 9.5%, to $3.33, shortly after Wednesday's opening bell. Shares have lost roughly three-quarters of their value year to date.
The company--which manufactures zinc-based, long-duration energy storage systems--said before the bell that it would work with MN8 Energy and Google to add dispatchable capacity to the grid serving Google's data centers in the region, including a planned project in West Virginia.
Owned and operated by MN8, the project will combine 86 megawatts of utility-scale solar energy; 10 megawatts of Eos' Z3 zinc-based, long-duration energy storage; and 70 megawatts of lithium-ion energy storage, the companies said.
The solar project is expected to reach commercial operation in 2028, with lithium-ion storage and long-duration storage following in 2029 and 2030, respectively.
Google's Director of Advanced Energy Technologies Lucia Tian said the company is committed to backing solutions that serve both its data-center capacity needs, as well as accelerate progress toward cleaner, more affordable energy systems.
"This collaboration with MN8 and Eos aims to deploy a smart portfolio of round-the-clock technology solutions to help power our digital infrastructure, while creating meaningful economic benefits for West Virginia," she said.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
September 02, 2026 10:15 ET (14:15 GMT)
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