New Zealand Superannuation Fund Invests Additional $50 Million into Bloom Energy

The New Zealand Superannuation Fund (NZSF) boosted its stake in Sunnyvale-based Bloom Energy, investing an additional US$ 50 million. In May 2013, the NZSF invested US$ 50 million into the fuel cell power generating company.

Bloom Energy is the maker of the “Bloom Box”, a solid oxide fuel cell server. These servers provide electricity without the use of an electric grid. Bloom’s products are fueled by natural gas.[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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