No. of Recommendations: 2
Brookfield and Bloom Energy Announce $5 Billion Strategic AI Infrastructure Partnership
https://investor.bloomenergy.com/press-releases/pr...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:
https://investor.bloomenergy.com/press-releases/pr...and last year AEP:
https://investor.bloomenergy.com/press-releases/pr...Here's an interview of Bloom's CEO describing the company's history and technology:
(interview starts at 6:32 min)
https://veriten.com/stream/cobt-295/ Success has been a long time in the making.
