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Deal announced Jul 2019 · California, Connecticut, Maryland, New York

Duke Energy subsidiary to acquire Bloom Energy fuel cell project portfolio

A non-regulated subsidiary of Duke Energy announced it will acquire a portfolio of distributed fuel cell technology projects (approx. 37 MW of Bloom Energy Servers) from Bloom Energy Corp. and formed a potential long-term strategic alliance with Bloom Energy.

“CHARLOTTE, N.C. — A subsidiary of Duke Energy announced it will acquire a portfolio of distributed fuel cell technology projects from Bloom Energy Corp., as part of the company’s efforts to serve commercial and industrial customers’ evolving energy needs and provide behind-the-meter generation.”

Entities

Bloom Energy Corp. · Target Duke Energy · Acquirer Duke Energy One · Subsidiary
Other
Source: www.achrnews.com

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