January 18, 2017 10:55 PM ET

Electrical Equipment

Company Overview of Bloom Energy Corporation

Company Overview

Bloom Energy Corporation manufactures and installs on-site distributed power generators worldwide. The company provides solid oxide fuel cell technology to generate onsite power from various fuel sources. It serves 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 September 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, Chairman, Chief Executive Officer and Principal
Co-Founder
Co-Founder
Chief Financial Officer
Age: 62
Chief Operations Officer
Compensation as of Fiscal Year 2016.

Bloom Energy Corporation Key Developments

Mary K. Bush Joins the Bloom Energy Board of Directors

Bloom Energy Corporation announced that Mary K. Bush, President of Bush International, LLC, an international consulting firm, will join the Bloom Energy Board of Directors.  Bush is internationally recognized for her expertise in international finance, banking, and corporate governance. She has served three U.S. Presidents and has held senior executive positions in private sector institutions. Innovations in corporate and sovereign finance have been hallmarks of Ms. Bush's career in the private and public sectors where she developed business strategies that helped transform markets globally. Bush previously served as Managing Director (Chief Operating Officer) of the U.S.Federal Housing Finance Board and Vice President - International Finance at the Federal National Mortgage Associate (Fannie Mae).

Hyatt Hotels Corporation Announces New Relationship with Bloom Energy

Hyatt Hotels Corporation announced a new relationship with Bloom Energy. Hyatt Regency Greenwich has been selected as the recipient of Hyatt’s first 500kW fuel cell, which will provide up to 75% of the hotel’s energy load, generating significant cost savings. By generating its own electricity on-site with Bloom Energy, the hotel will reduce its carbon emissions by 40% compared to electricity purchased from the grid.

Constellation and Bloom Energy to Jointly Develop Fuel Cell Projects

Constellation Energy Resources LLC and Bloom Energy Corp. are partnering again to develop 40 MW of fuel cell projects for commercial and public sector customers in California, Connecticut, New Jersey and New York. Under an agreement, Constellation, an Exelon Corp. subsidiary, will provide equity financing and own a majority equity interest in Bloom Energy Servers at more than 170 sites for customers, including AT&T; the City of Hartford, Conn.; and Wal-Mart.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 10, 2016
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