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Stock impact report

Bloom Energy Announces Project Funding Partnership with Industry Leaders HPS Investment Partners and Industrial Development Funding [Yahoo! Finance]

Bloom Energy Corporation Class A (BE) 
Last bloom energy corporation class a earnings: 11/7 04:26 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Over $125 million committed to fund 19 MW of Energy Server Deployments in First Tranche SAN JOSE, Calif., December 11, 2024 BUSINESS WIRE Bloom Energy (NYSE: BE), the world leader in stationary fuel cell power generation, announced today that it has formed a project financing partnership with certain funds managed by HPS Investment Partners (HPS) and Industrial Development Funding (IDF), two leading global providers of infrastructure capital. As part of the agreement, HPS and IDF will acquire 19 MW of Bloom's Energy Servers, including several advanced on-site microgrid solutions. The approximately $125 million in funding will support the installation of Bloom equipment contracted under PPA structures, which can deliver clean, on-site and highly reliable power to commercial and industrial customers at zero upfront cost. Bloom's growth has accelerated alongside increasing demand for reliable and rapidly deployable energy solutions needed to support data centers, new manufacturing p Show less Read more
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