Bloom Energy to Receive up to $75 million in Federal Tax Credits for Fremont Manufacturing Plant - Seite 2

The Bloom Energy platform provides reliable, resilient, and sustainable energy to businesses and communities. Bloom’s fuel cells are based on a proprietary solid oxide technology and operate at high efficiency without combustion, allowing for flexible deployment and operating customization based on a combination of cost, resilience, and sustainability considerations. With over a gigawatt of installed capacity in the field, Bloom currently receives and monitors a billion real-time performance data points every day and has advanced the use of data analytics in the energy sector to optimize the performance of its Energy Servers.

About Bloom Energy

Bloom Energy’s mission is to make clean, reliable energy affordable for everyone in the world. Bloom Energy’s product, the Bloom Energy Server, delivers highly reliable and resilient, always-on electric power that is clean, cost-effective, and ideal for microgrid applications. Bloom Energy’s customers include many Fortune 100 companies and leaders in manufacturing, data centers, healthcare, retail, higher education, utilities, and other industries. For more information, visit www.bloomenergy.com.

Forward Looking Statements

This press release contains certain forward-looking statements, 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, expectations for receiving U.S. federal tax credits in connection with our proposed investment in the Fremont manufacturing facility to expand capacity. 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, our ability to comply with the terms of the tax credit, including our proposed investment in the Fremont manufacturing facility, and other 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, 2023, filed with the SEC on February 15, 2024, 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.