Guess the company…
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“Behind-the-meter”
Original technology was designed to generate oxygen on Mars.
Lost money for 19 consecutive years.
Colin Powell once sat on the board.
Google was customer #1, back in 2008.
Customers include Walmart, FedEx, Coca-Cola, Bank of America, and Equinix.
Backlog sits at roughly $20 billion today.
Brookfield just committed $5 billion to deploy its boxes.
$3.5B equity cap 3 years ago
$82B+ equity cap today
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Bloom Energy makes power-generating boxes that sit on-site at a customer’s building and turn natural gas into electricity, without burning anything. Companies use them to get reliable power without waiting on the grid.
That’s become a huge deal because AI data centers need enormous amounts of power immediately, and Bloom can deliver it in weeks instead of years. Oracle, Amazon, and Walmart are customers. The stock has gone up about 18x in the past year.
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