CEO Brandon Dow, of Ceramic Fuel Cells, estimates that Bloom Energy’s pre-IPO cashflow is nearing 2.7 billion dollars.
So what does this mean for a Bloom Energy IPO?
Well, with a total of 80 or 90 enterprise level Bloom Energy systems in the field, and good prospects for the future, we can only assume that as long as Bloom Energy has a massive influx of cashflow from States and Governments, that they will hold off on going public.
There is also big news for Delaware as Bloom Energy expects to open up shop this month. The site is expected to be fully operational within a year.
One thing is clear, Bloom Energy is expanding rapidly, creating many jobs, and receiving lots of funds.