Brookfield and Bloom Energy Announce $5 Billion Strategic AI Infrastructure Partnership

investor.bloomenergy.com - Brookfield and Bloom Energy Announce Billion Strategic AI Infrastructure Partnership

Bloom Energy (BE) is an interesting company. They provides "off the grid" electricity using a proprietary solid oxide technology which converts natural gas, biogas, or hydrogen into electricity without combustion, resulting in low or no CO2 emission. Instead of gas turbines which are currently in short supply and orders for same on multi year back log. Bloom's technology is quiet and low profile, allowing it to be placed closer to population centers.

BE stock has taken a moonshot over the last year and is arguably massively overvalued. I own a few shares just to follow the story and might buy a few more if they ever take a sizable drop. The Brookfield/Bloom partnership could grow over time if Bloom can scale up to what looks to be an insatiable demand for power.

Bloom have recently announced power generation deals with Oracle:
investor.bloomenergy.com - Oracle and Bloom Energy Collaborate to Deliver Power to Data Centers at the Speed of AI

and last year AEP:
investor.bloomenergy.com - Bloom Energy Announces Gigawatt Fuel Cell Procurement Agreement with AEP to Power AI Data Centers

Here's an interview of Bloom's CEO describing the company's history and technology:
(interview starts at 6:32 min)
veriten.com: "AI Made Electricity Reinvent Itself 150 Years After Edison" Featuring KR Sridhar, Ph.D., Bloom Energy
Success has been a long time in the making.