September 02, 2014 3:24 PM ET

Electrical Equipment

Company Overview of Bloom Energy Corporation

Company Overview

Bloom Energy Corporation provides solid oxide fuel cell technology that generates on-site power from various fuel sources. It offers Energy Server, a distributed power generator that produces clean electricity at the customer site. The company’s servers produce power for Fortune 500 companies and non-profit organizations. Bloom Energy Corporation was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in 2006. The company was founded in 2001 and is based in Sunnyvale, California.

1299 Orleans Drive

Sunnyvale, CA 94089

United States

Founded in 2001

Phone:

408-543-1500

Fax:

408-543-1501

Key Executives for Bloom Energy Corporation

Co-Founder
Co-Founder
Co-Founder
Chief Financial Officer and Chief Commercial Officer
Age: 56
Chief Operations Officer
Compensation as of Fiscal Year 2014.

Bloom Energy Corporation Key Developments

Steve Case Joins Bloom Energy Corporation's Board of Directors

Bloom Energy Corporation appoints Steve Case, co-founder of AOL, and chairman and CEO of Revolution LLC to the Bloom Energy Board of Directors. Steve Case is legendary for his role in growing AOL into America's premier on-line brand, making the internet part of daily life, for his support of entrepreneurship as chair of the Startup America Partnership, and as an influential investor in disruptive companies through Revolution LLC.

WGESystems and Bloom Energy Partner to Power Santa Clara County with 2.6 MW of Clean Energy

WGL Holdings, Inc. through its subsidiary, Washington Gas Energy Systems (WGESystems), announced a 2.6 megawatt (MW) Bloom Energy project in Santa Clara County, Ca. (SCC). WGESystems will finance, build, own and operate the 2.6 MW Bloom Energy project and sell all energy generated to SCC under a 20-year power purchase agreement (PPA). The Bloom Energy Servers will generate clean and reliable power using natural gas and biogas, reducing the County's carbon emissions by nearly 5 million pounds each year. Bloom Energy's solid oxide fuel cell technology generates electricity through a highly efficient electrochemical process and provides clean, on-site energy. WGESystems designs-builds, owns and operates energy solutions that deliver financial, operational and carbon reduction results for non-residential customers across the United States. For projects such as this one, WGESystems has established a financing program that enables customers, including non-profit organizations, to deploy Bloom Energy's distributed, clean power solution.

Macy's, Inc. Installs New Bloom Energy Server in Connecticut

Macy's Inc. and Bloom Energy announced that an innovative and clean electricity generation system has been installed at Macy's online fulfillment center in Cheshire, CT. The Bloom Energy Servers use an advanced solid oxide fuel cell technology to produce electricity on-site. In addition to providing base load 24x7 power to the facility, the Bloom Energy Servers are equipped with an uninterruptible power module which provides business continuity during grid outages.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
March 12, 2014
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