Bloom Energy

Bloom Energy is a public company headquartered in San Jose, California. It manufactures and markets solid oxide fuel cells that produce electricity on-site.

The company was founded in 2001 and came out of stealth mode in 2010. It raised more than $1 billion in venture capital funding before going public in 2018. Its fuel cells are subsidized by government incentive programs for green energy. As of 2018, Bloom had installed about 300 megawatts worth of fuel cells.

Traded as:           NYSE: BE (Class A);           Russell 2000 Index component

Industry:              Alternative energy industry

Founded:            2001

Founder:             K. R. Sridhar (CEO), John Finn, Matthias Gottmann, James McElroy, Dien Nguyen

Headquarters:   North San Jose Innovation District, San Jose, California, USA

Products:             Solid oxide fuel cells

Owner:

• Kleiner Perkins (15.85%)
• Kuwait Investment Authority (10.73%)
• New Enterprise Associates(8.78%)
• Alberta Investment Management Corp. (7.53%)
• Advanced Equities Financial Corp. (6.55%)

Website:              www.bloomenergy.com

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