10:33 AM EDT, 10/28/2024 (MT Newswires) -- Sunrun ( RUN ) shares were up 8.9% in recent trading Monday after Bloomberg, citing Chief Executive Mary Powell, reported that the company is negotiating a solar power supply deal with data center developers.

Sunrun ( RUN ) is looking at "a couple different really cool models," including collaborating with electric utilities to deliver solar systems for new data centers or using the company's existing systems in nearby communities, Powell reportedly said at the Dervos 2024 conference Friday.

Powell declined to provide more details, citing non-disclosure agreements with the data center developers, according to the report.

Sunrun ( RUN ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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