Bloom Energy announced on December 11, 2024, a new project financing partnership with funds managed by HPS Investment Partners and Industrial Development Funding (IDF). These are two global providers of infrastructure capital.
Under the terms of the agreement, HPS and IDF will acquire 19 megawatts (MW) of Bloom’s Energy Servers. This includes several advanced on-site microgrid solutions, indicating a focus on resilient and distributed power generation.
This partnership provides Bloom Energy with additional capital to deploy its fuel cell technology, supporting its expansion and ability to meet growing market demand for its power solutions.
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