Oracle and Bloom Energy Collaborate to Deliver Power to Data Centers at the Speed of AI

• Bloom and Oracle collaborate to deliver onsite power to Oracle AI data centers within 90 days
• Fuel cells will support Oracle Cloud Infrastructure’s growth strategy with clean, reliable, and cost-efficient power for large-scale AI workloads

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE), a global leader in power solutions, today announced that it will deploy its fuel cell technology at select Oracle Cloud Infrastructure (OCI) data centers in the U.S. To support the growing demand for OCI’s AI and cloud computing services, Bloom Energy will deliver highly reliable and cost-efficient onsite power for an entire data center within 90 days.

“We continue to see strong global demand for OCI services across our entire data center portfolio including our large gigawatt AI data centers,” said Mahesh Thiagarajan, Executive Vice President, Oracle Cloud Infrastructure. “Customers expect to run their AI workloads and new AI applications at peak performance. Bloom's fuel cell technology will join OCI’s extensive energy portfolio, further supporting our cutting-edge AI infrastructure with reliable, clean power that can be quickly deployed and easily scaled.”

“Oracle Cloud Infrastructure requires power solutions engineered to meet the performance and reliability demands of today’s most advanced AI and compute workloads,” said Aman Joshi, Chief Commercial Officer of Bloom Energy. “This significant collaboration provides Oracle with ultra-reliable, clean, and cost-efficient power that supports its growth strategy with the speed and certainty it needs.”

Bloom’s systems also deliver clean power with virtually no air pollution and no water use, contributing to Oracle’s use of sustainable energy sources to power Oracle Cloud.

Bloom Energy’s energy solutions power the world’s most critical digital infrastructure, following agreements with Equinix, American Electric Power (AEP), and Quanta Computing. To date, Bloom Energy has deployed over 400 MW to power data centers worldwide.

About Bloom Energy

Bloom Energy empowers enterprises to meet soaring energy demands and responsibly take charge of their power needs. The company’s fuel cell system provides ultra-resilient, highly scalable onsite electricity generation for Fortune 500 companies around the world, including data centers, semiconductor manufacturing, large utilities, and other commercial and industrial sectors. Headquartered in Silicon Valley, Bloom Energy has deployed 1.5 GW of low-carbon power across more than 1,200 installations globally. 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 the growth of onsite power generation and distributed power, the pace of deployment, ability to scale and cost efficiency of fuel cells and the growth of AI data centers. 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, 2024, filed with the SEC on February 27, 2025, 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.