Bloom Energy Soars on Oracle Partnership

<p><span class&equals;"bw-dateline-wrapper"><strong>SAN JOSE<&sol;strong> &&num;8212&semi; <&sol;span><a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;bloomenergy&period;com&percnt;2F&amp&semi;esheet&equals;54500058&amp&semi;newsitemid&equals;20260414697111&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Bloom&plus;Energy&amp&semi;index&equals;1&amp&semi;md5&equals;a6a88b72b99b284266d93f5d7a2f2af5" rel&equals;"nofollow" shape&equals;"rect">Bloom Energy<&sol;a> has announced an expanded partnership with <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;oracle&period;com&percnt;2F&amp&semi;esheet&equals;54500058&amp&semi;newsitemid&equals;20260414697111&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Oracle&amp&semi;index&equals;2&amp&semi;md5&equals;62983f268377f4faf05132e3ad8b36ec" rel&equals;"nofollow" shape&equals;"rect">Oracle<&sol;a> to support the rapid buildout of its AI and cloud computing infrastructure&period; Under a master services agreement&comma; Oracle intends to procure up to 2&period;8 gigawatts &lpar;GW&rpar; of Bloom’s fuel cell systems&period;<&sol;p>&NewLine;<p>The company also issued a warrant to Oracle on April 6 to purchase 3&comma;531&comma;073 shares of Bloom Energy at an exercise price of &dollar;113&period;28 based on the closing price on October 28&period; Shares in Bloom have blossomed 43&percnt; over the past week&period;<&sol;p>&NewLine;<p>As part of the Oracle agreement&comma; an initial 1&period;2 GW of capacity has been contracted&comma; with deployment underway and continuing into next year&period; Bloom’s fuel cells will support Oracle projects in the U&period;S&period; and help meet demand for its cutting-edge cloud infrastructure&period;<&sol;p>&NewLine;<p>The expanded partnership underscores Bloom’s capability to provide fast&comma; reliable power suited for AI workloads&comma; which require rapid&comma; load‑following support that traditional grids were not designed to deliver&period; Bloom’s systems are built to support higher-density AI workloads more efficiently&comma; with a technology platform aligned to emerging standards such as 800 V dc&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;By rapidly deploying Bloom’s reliable&comma; efficient fuel cell energy&comma; we are quickly meeting the demands of our customers across the United States&comma;” said Mahesh Thiagarajan&comma; executive vice president&comma; Oracle Cloud Infrastructure&period; &OpenCurlyDoubleQuote;Together&comma; Bloom and Oracle Cloud Infrastructure are building the power foundation and AI infrastructure to accelerate American AI leadership&period;”<&sol;p>&NewLine;<p>This agreement builds on the companies’ existing partnership and reflects a broader shift toward distributed&comma; onsite generation as a critical component of modern digital infrastructure&period; Bloom’s modular fuel cell systems can be deployed far faster than traditional power solutions&comma; enabling customers to accelerate time‑to‑power and reduce project risk&period; Last year&comma; Bloom Energy delivered a fully operational fuel cell system to Oracle in just 55 days—more than a month ahead of the anticipated 90‑day deployment schedule&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We are delighted to expand our relationship with Oracle following an initial successful deployment&comma;” said Aman Joshi&comma; Chief Commercial Officer at Bloom Energy&period; &OpenCurlyDoubleQuote;Together&comma; we are defining a shared vision for the future of energy and AI infrastructure&comma; with Bloom advancing its position as the standard for onsite power&period;”<&sol;p>&NewLine;

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