Bloom Energy Launches Partnership With Global Infrastructure Capital Leaders
Funding To Advance Large-scale Clean Energy Data Center Projects With Zero Upfront Payment
The world leader in stationary fuel cell power generation, Bloom Energy, has announced a new project funding partnership with infrastructure capital leaders HPS Investment Partners (HPS) and Industrial Development Funding (IDF). This strategic collaboration will support over $125 million in initial funding to deploy 19 MW of Bloom Energy Servers®, including advanced on-site microgrid solutions.
These alternative energy systems, offered through Power Purchase Agreements (PPAs), provide mission-critical businesses and beyond with clean, reliable power without upfront costs. The funding will enable customers in the data centers and industrial manufacturing sectors to access Bloom’s solid oxide fuel cell technology to meet growing energy demands.
To learn more about these funding options, meet with Bloom at PTC’25. Click here to learn more.
“With growing demand for shorter contract lengths and larger-scale projects, this partnership enhances Bloom’s ability to provide financed solutions that address customers’ power supply and reliability needs without impacting their capital budgets,”
Aman Joshi, Bloom Energy’s Chief Commercial Officer
The collaboration creates new avenues for financing clean energy projects, combining Bloom’s technology with HPS and IDF’s expertise in infrastructure funding.Both HPS and IDF emphasized the potential of Bloom’s technology to address energy challenges in critical industries.
Michael Dorenfeld, Managing Director at HPS Investment Partners, stated: “Bloom’s technology provides a proven solution to the challenges customers are facing with the U.S. grid today and offers a unique opportunity to invest in this fast-growing market.”
Nik Nunes, CEO of Industrial Development Funding, added: “With the rapid growth of the global demand for electric power, this is an ideal time for us to partner with Bloom Energy. We view this portfolio as the first step in a larger project funding relationship.”
Scaling Clean Energy Deployment
As critical infrastructure facilities face rising energy demands and grid constraints, partnerships like this illustrate practical ways to accelerate the adoption of reliable and clean power. Bloom’s approach, supported by innovative financing, provides organizations with a path to sustainable energy without the confines of capital limitations.
