Bloom Energy Blew Through Sovereign Wealth Money

Posted on 06/13/2018


Sovereign funds were attracted to cleantech big time after 2008, but many got burned. After capital raising more than US$ 2 billion, Sunnyvale-based Bloom Energy Corporation has filed for a US$ 100 million initial public offering (IPO). Bloom Energy, the Silicon Valley fuel cell unicorn, raised mounds of capital courting sovereign funds such as the […]