SAN JOSE, Calif – September 17, 2019 – Bloom Energy issued the following statement in response to a report published today by Hindenberg Research, titled “Bloom Energy: A “Clean” Energy Darling Wilting to its Demise”.
“The authors of the research note did not engage with Bloom Energy to validate the assertions made in their report. We strongly disagree with the conclusions drawn. In particular, the service replacement liability mentioned in the report is grossly misleading. Bloom Energy will make a further statement on this topic in due course.”
About Bloom Energy
Bloom Energy’s mission is to make clean, reliable, and affordable energy for everyone in the world. The Company’s product, the Bloom Energy Server, delivers highly reliable and resilient, ‘Always-On’ electric power that is clean and sustainable. Bloom’s customers include twenty-five of the Fortune 100 companies and leaders in cloud services and data centers, healthcare, retail, financial services, utilities and many other industries. For more information, visit www.bloomenergy.com
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