

Initial 1.2 GW now deploying across Oracle projects in the US



Master agreement supports up to 2.8 GW of fuel cell capacity



Expanded partnership aligns shared vision for energy and AI infrastructure



Bloom

<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistdisc">
<li xmlns="http://www.w3.org/1999/xhtml">
Initial 1.2 GW now deploying across Oracle projects in the US

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Master agreement supports up to 2.8 GW of fuel cell capacity

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Expanded partnership aligns shared vision for energy and AI infrastructure

</li>
</ul><p xmlns="http://www.w3.org/1999/xhtml">
<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.bloomenergy.com%2F&amp;esheet=54500058&amp;newsitemid=20260414697111&amp;lan=en-US&amp;anchor=Bloom+Energy&amp;index=1&amp;md5=a6a88b72b99b284266d93f5d7a2f2af5" shape="rect">Bloom Energy</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BE">BE</a>), a global leader in power solutions, today announced an expanded partnership with <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.oracle.com%2F&amp;esheet=54500058&amp;newsitemid=20260414697111&amp;lan=en-US&amp;anchor=Oracle&amp;index=2&amp;md5=62983f268377f4faf05132e3ad8b36ec" shape="rect">Oracle</a> to support the rapid buildout of its AI and cloud computing infrastructure. Under a master services agreement, Oracle intends to procure up to 2.8 gigawatts (GW) of Bloom's fuel cell systems.

</p><p xmlns="http://www.w3.org/1999/xhtml">
As part of this agreement, an initial 1.2 GW of capacity has been contracted, with deployment underway and continuing into next year. Bloom's fuel cells will support Oracle projects in the U.S. and help meet demand for its cutting-edge cloud infrastructure.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The expanded partnership underscores Bloom's capability to provide fast, reliable power suited for AI workloads, which require rapid, load‑following support that traditional grids were not designed to deliver. Bloom's systems are built to support higher-density AI workloads more efficiently, with a technology platform aligned to emerging standards such as 800 V dc.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"By rapidly deploying Bloom's reliable, efficient fuel cell energy, we are quickly meeting the demands of our customers across the United States," said Mahesh Thiagarajan, executive vice president, Oracle Cloud Infrastructure. "Together, Bloom and Oracle Cloud Infrastructure are building the power foundation and AI infrastructure to accelerate American AI leadership."

</p><p xmlns="http://www.w3.org/1999/xhtml">
This agreement builds on the companies' existing partnership and reflects a broader shift toward distributed, onsite generation as a critical component of modern digital infrastructure. Bloom's modular fuel cell systems can be deployed far faster than traditional power solutions, enabling customers to accelerate time‑to‑power and reduce project risk. Last year, 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.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"We are delighted to expand our relationship with Oracle following an initial successful deployment," said Aman Joshi, Chief Commercial Officer at Bloom Energy. "Together, we are defining a shared vision for the future of energy and AI infrastructure, with Bloom advancing its position as the standard for onsite power."

</p><p xmlns="http://www.w3.org/1999/xhtml">
On April 9, 2026, Bloom issued the warrant to Oracle on terms previously announced on October 30, 2025.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Bloom Energy</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Bloom Energy empowers enterprises to meet soaring energy demands and responsibly take charge of their power needs. The company's solid oxide fuel cell systems provide ultra-resilient, highly scalable onsite electricity for Fortune 500 customers around the world, including data centers, semiconductor manufacturing, large utilities, and other commercial and industrial sectors. Headquartered in Silicon Valley, Bloom Energy employs more than 2,000 people worldwide and manufactures its systems in the United States. For more information, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2FBloomEnergy.com&amp;esheet=54500058&amp;newsitemid=20260414697111&amp;lan=en-US&amp;anchor=BloomEnergy.com&amp;index=3&amp;md5=a5d8746974d1878cef843a9019c91257" shape="rect">BloomEnergy.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This press release contains certain forward-looking statements, including onsite power generation and its role in the next generation of AI infrastructure, Bloom's deployment timelines and our expectation that Bloom fuel cell systems will become the standard for onsite power, each of which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will" and "would" or the negative of these words or similar terms or expressions that concern Bloom's expectations, strategy, priorities, plans or intentions. These forward-looking statements include, but are not limited to, Bloom's leadership role in the energy transition, the market opportunity for Bloom with the growth of the AI industry, the ability of Bloom's technology to meet the energy demand needs, expectations regarding the growth of onsite power generation and distributed power, the pace of deployment, the ability for fuel cells to scale, and the cost efficiency of fuel cells. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including, but not limited to, risks and uncertainties detailed in Bloom's SEC filings. More information on potential risks and uncertainties that may impact Bloom's business are set forth in Bloom's periodic reports filed with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 9, 2026, as well as subsequent reports filed with or furnished to the SEC. Bloom assumes no obligation to, and does not intend to, update any such forward-looking statements.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260414697111r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260414697111/en/" rel="nofollow">https://www.businesswire.com/news/home/20260414697111/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Media 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Bloom Energy – Katja Gagen (<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:press@bloomenergy.com" shape="rect">press@bloomenergy.com</a>)

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Investors 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Bloom Energy – Michael Tierney (<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:investor@bloomenergy.com" shape="rect">investor@bloomenergy.com</a>)

</p>

Bloom Energy and Oracle Expand Strategic Partnership to Deploy up to 2.8 GW to Accelerate AI Infrastructure Build-Out

Bloom Energy Secures Major Agreement with Oracle to Supply 2.8 GW Fuel Cells

Bloom Energy said on Monday it would supply Oracle with up to 2.8 ​gigawatts of fuel cell capacity u...

Bloom Energy to supply up to 2.8 GW of fuel cells under expanded Oracle deal

Bloom Energy's stock soared after hours on Monday, following news of an expanded deal to provide cap...

Oracle expands Bloom Energy deal days after receiving $400 million stock warrant

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Initial 1.2 GW now deploying across Oracle projects in the US



Master agreement supports up to 2.8 GW of fuel cell capacity



Expanded partnership aligns shared vision for energy and AI infrastructure



Bloom</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Bloom Energy has secured a significant partnership expansion with Oracle to supply up to 2.8 GW of fuel cell power systems, addressing the increasing demand for cloud and AI infrastructure. This agreement builds on their previous success and reflects a shift towards distributed energy solutions, positioning Bloom as a leader in modern energy systems. The rapid deployment capability is likely to enhance Bloom&#039;s market position and revenue stream in the near term.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Bloom Energy expands partnership with Oracle for AI infrastructure projects.</li><li>Initial deployment of 1.2 GW underway, with a total of 2.8 GW planned.</li><li>Partnership focuses on distributed energy generation, vital for AI workloads.</li><li>Bloom&#039;s fuel cells offer rapid, reliable energy solutions ahead of traditional systems.</li><li>Recent delivery achieved in just 55 days, surpassing expectations.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Oracle (ORCL)</strong>: Oracle&#039;s demand for Bloom&#039;s solutions elevates both companies&#039; positions in AI.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under &#039;Corporate Developments&#039; as it outlines a significant strategic partnership. The relationship with Oracle indicates a forward-looking strategy to meet evolving energy demands shaped by advancements in AI technology.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>The agreement could significantly boost Bloom&#039;s revenue in the near term.</li><li>Increased demand for onsite energy solutions may raise Bloom&#039;s competitive advantage.</li><li>Delivery speed enhances Bloom&#039;s reputation, influencing future contracts with large enterprises.</li><li>Adoption of Bloom&#039;s fuel cells in AI markets signals growing industry credibility.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Partnership with Oracle supports up to 2.8 GW of fuel cell capacity.</li><li>Initial contract details 1.2 GW deployment currently underway.</li><li>Bloom&#039;s systems delivered in 55 days, faster than typical deployment timelines.</li><li>Collaborative projects aim to enhance U.S. AI infrastructure capabilities.</li><li>Bloom Energy employs over 2,000 people worldwide.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Invest in Bloom Energy (BE) for potential upside driven by increased demand for AI infrastructure over the next 12-18 months.</p>
  </section>
</section>


<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistdisc">
<li xmlns="http://www.w3.org/1999/xhtml">
Initial 1.2 GW now deploying across Oracle projects in the US

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Master agreement supports up to 2.8 GW of fuel cell capacity

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Expanded partnership aligns shared vision for energy and AI infrastructure

</li>
</ul><p xmlns="http://www.w3.org/1999/xhtml">
<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.bloomenergy.com%2F&amp;esheet=54500058&amp;newsitemid=20260414697111&amp;lan=en-US&amp;anchor=Bloom+Energy&amp;index=1&amp;md5=a6a88b72b99b284266d93f5d7a2f2af5" shape="rect">Bloom Energy</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BE">BE</a>), a global leader in power solutions, today announced an expanded partnership with <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.oracle.com%2F&amp;esheet=54500058&amp;newsitemid=20260414697111&amp;lan=en-US&amp;anchor=Oracle&amp;index=2&amp;md5=62983f268377f4faf05132e3ad8b36ec" shape="rect">Oracle</a> to support the rapid buildout of its AI and cloud computing infrastructure. Under a master services agreement, Oracle intends to procure up to 2.8 gigawatts (GW) of Bloom's fuel cell systems.

</p><p xmlns="http://www.w3.org/1999/xhtml">
As part of this agreement, an initial 1.2 GW of capacity has been contracted, with deployment underway and continuing into next year. Bloom's fuel cells will support Oracle projects in the U.S. and help meet demand for its cutting-edge cloud infrastructure.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The expanded partnership underscores Bloom's capability to provide fast, reliable power suited for AI workloads, which require rapid, load‑following support that traditional grids were not designed to deliver. Bloom's systems are built to support higher-density AI workloads more efficiently, with a technology platform aligned to emerging standards such as 800 V dc.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"By rapidly deploying Bloom's reliable, efficient fuel cell energy, we are quickly meeting the demands of our customers across the United States," said Mahesh Thiagarajan, executive vice president, Oracle Cloud Infrastructure. "Together, Bloom and Oracle Cloud Infrastructure are building the power foundation and AI infrastructure to accelerate American AI leadership."

</p><p xmlns="http://www.w3.org/1999/xhtml">
This agreement builds on the companies' existing partnership and reflects a broader shift toward distributed, onsite generation as a critical component of modern digital infrastructure. Bloom's modular fuel cell systems can be deployed far faster than traditional power solutions, enabling customers to accelerate time‑to‑power and reduce project risk. Last year, 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.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"We are delighted to expand our relationship with Oracle following an initial successful deployment," said Aman Joshi, Chief Commercial Officer at Bloom Energy. "Together, we are defining a shared vision for the future of energy and AI infrastructure, with Bloom advancing its position as the standard for onsite power."

</p><p xmlns="http://www.w3.org/1999/xhtml">
On April 9, 2026, Bloom issued the warrant to Oracle on terms previously announced on October 30, 2025.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Bloom Energy</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Bloom Energy empowers enterprises to meet soaring energy demands and responsibly take charge of their power needs. The company's solid oxide fuel cell systems provide ultra-resilient, highly scalable onsite electricity for Fortune 500 customers around the world, including data centers, semiconductor manufacturing, large utilities, and other commercial and industrial sectors. Headquartered in Silicon Valley, Bloom Energy employs more than 2,000 people worldwide and manufactures its systems in the United States. For more information, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2FBloomEnergy.com&amp;esheet=54500058&amp;newsitemid=20260414697111&amp;lan=en-US&amp;anchor=BloomEnergy.com&amp;index=3&amp;md5=a5d8746974d1878cef843a9019c91257" shape="rect">BloomEnergy.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This press release contains certain forward-looking statements, including onsite power generation and its role in the next generation of AI infrastructure, Bloom's deployment timelines and our expectation that Bloom fuel cell systems will become the standard for onsite power, each of which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will" and "would" or the negative of these words or similar terms or expressions that concern Bloom's expectations, strategy, priorities, plans or intentions. These forward-looking statements include, but are not limited to, Bloom's leadership role in the energy transition, the market opportunity for Bloom with the growth of the AI industry, the ability of Bloom's technology to meet the energy demand needs, expectations regarding the growth of onsite power generation and distributed power, the pace of deployment, the ability for fuel cells to scale, and the cost efficiency of fuel cells. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including, but not limited to, risks and uncertainties detailed in Bloom's SEC filings. More information on potential risks and uncertainties that may impact Bloom's business are set forth in Bloom's periodic reports filed with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 9, 2026, as well as subsequent reports filed with or furnished to the SEC. Bloom assumes no obligation to, and does not intend to, update any such forward-looking statements.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260414697111r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260414697111/en/" rel="nofollow">https://www.businesswire.com/news/home/20260414697111/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Media 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Bloom Energy – Katja Gagen (<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:press@bloomenergy.com" shape="rect">press@bloomenergy.com</a>)

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Investors 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Bloom Energy – Michael Tierney (<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:investor@bloomenergy.com" shape="rect">investor@bloomenergy.com</a>)

</p>

Bloom Energy has secured a significant partnership expansion with Oracle to supply up to 2.8 GW of fuel cell power systems, addressing the increasing demand for cloud and AI infrastructure. This agreement builds on their previous success and reflects a shift towards distributed energy solutions, positioning Bloom as a leader in modern energy systems. The rapid deployment capability is likely to enhance Bloom's market position and revenue stream in the near term.

Bloom Energy and Oracle Expand Strategic Partnership to Deploy up to 2.8 GW to Accelerate AI Infrastructure Build-Out

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News