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Bloom Energy Expands Data Center Power Agreement with Equinix Surpassing 100MW

By: via Business Wire

10-Year collaboration sees next generation fuel cells deployed across 19 data centers for reliable and cleaner onsite energy

Bloom Energy, a global leader in power solutions, announced today an expansion of its longstanding relationship with Equinix, the world's digital infrastructure company®. The collaboration now exceeds 100MW of electricity capacity to support Equinix’s International Business Exchange™ (IBX®) data centers across the United States.

With approximately 75MW already operational and another 30MW under construction, this latest expansion marks a significant milestone in the companies' decade-long collaboration. What began as a pilot program in 2015 with just 1MW of fuel cells at a single IBX data center in Silicon Valley has scaled one hundredfold, supporting the critical digital infrastructure needed to meet increasing energy needs of AI-driven computing.

“Our fuel cells are supplementing grid power at 19 Equinix IBX data centers in six states with cleaner and reliable onsite power,” said Aman Joshi, Chief Commercial Officer at Bloom Energy. “With AI adoption accelerating and data center demand exploding, our ongoing relationship underscores the scalability and reliability of our fuel cell technology to support large and complex projects. We are delighted to work with Equinix to help drive the industry forward.”

“As the demand for power increases, we anticipate innovation in alternative energy technologies increasingly playing a key role in the availability of power going forward,” said David Rinard, Vice President of Energy Operations at Equinix. “Bloom’s fuel cells allow us to generate cleaner and reliable electricity onsite at our data centers in a cost-effective way. We’re proud to have continued to expand our relationship with Bloom over the last decade and helped lead the industry forward.”

Bloom’s fuel cells allow Equinix to generate on-site power at its data centers more sustainably than typical grid delivered energy. Bloom’s systems also deliver clean power with virtually zero air pollution and no water use and provide an option when faced with grid constraints of capacity or distribution.

About Bloom Energy

Bloom Energy empowers businesses and communities to responsibly take charge of their power needs. The company’s leading solid oxide platform for distributed generation of electricity and hydrogen is changing the future of energy. Fortune 100 companies around the world turn to Bloom Energy as a trusted partner to deliver lower carbon electricity today and a net-zero future. 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 regarding data center demand and AI adoption accelerating. 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, 2023, and Quarterly Reports on From 10-Q for the quarters ended March 31, 2024, June 30, 2024, and September 30, 2024 filed with the SEC on February 15, 2024, May 9, 2024, August 8, 2024, and November 7, 2024, respectively, 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.

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