# Who are Bloom Energy's customers? Who does Bloom Energy earn revenue from?
Canonical: https://valuechain.wiki/bloom-energy · Facet: customers · Updated: 2026-07-12T05:01:56.597232+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Bloom Energy's confirmed revenue counterparties include Oracle, American Electric Power, Equinix plus 2 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 5 revenue edges, backed by 6 dated sources, 2 of them primary filings (as of 2026-07-12).

### 오라클·하이퍼스케일러 (연료전지) (high)
- metric: Capital spending ~2,800 MW · 2026 · Oracle deployment commitment (max)
- note: On-site SOFC power for Oracle OCI and others (up to 2.8GW).
- [confirms] Bloom Energy (EN, filing, published 2026-04-17) https://investor.bloomenergy.com/press-releases/press-release-details/2026/Bloom-Energy-and-Oracle-Expand-Strategic-Partnership-to-Deploy-up-to-2-8-GW-to-Accelerate-AI-Infrastructure-Build-Out/default.aspx: "Oracle commits up to 2.8GW of fuel cells for 90-day on-site power."
- [confirms] Bloom Energy Korea (KO, ir, published 2026-01-01) https://bloomenergykorea.com/: "SK ecoplant distributes SOFC in Korea; Oracle up to 2.8GW."
- [confirms] Fortune (EN, news, published 2025-10-16) https://fortune.com/2025/10/16/bloom-energy-stock-fuel-cells-ai-data-center-power/: "Oracle commits up to 2.8GW of fuel cells for 90-day on-site power."

### Oracle (high)  → /oracle.md
- note: Supplies SOFC on-site power to Oracle OCI (2.8GW).
- [confirms] Bloom Energy (EN, filing, published 2026-04-17) https://investor.bloomenergy.com/press-releases/press-release-details/2026/Bloom-Energy-and-Oracle-Expand-Strategic-Partnership-to-Deploy-up-to-2-8-GW-to-Accelerate-AI-Infrastructure-Build-Out/default.aspx: "Supplies SOFC on-site power to Oracle OCI (2.8GW)."

### American Electric Power (high)  → /aep.md
- note: Supplies 1GW of SOFC fuel cells to AEP (largest utility fuel-cell deal).
- [confirms] Bloom Energy official results (EN, filing, published 2026-02-05) https://investor.bloomenergy.com/press-releases/press-release-details/2026/Bloom-Energy-Reports-Fourth-Quarter-and-Full-Year-2025-Financial-Results-with-Record-Full-Year-Revenues/default.aspx: "FY2025 record revenue $2.02bn (+37.3%)"
- [confirms] Utility Dive (EN, news, published 2025-01-01) https://www.utilitydive.com/news/aep-bloom-energy-fuel-cell-data-center/733150/: "Supplies 1GW of SOFC fuel cells to AEP (largest utility fuel-cell deal)."

### 유틸리티·산업 (연료전지) (mid)
- note: AEP, Brookfield, SK ecoplant, Equinix, etc.
- [confirms] Fortune (EN, news, published 2025-10-16) https://fortune.com/2025/10/16/bloom-energy-stock-fuel-cells-ai-data-center-power/: "AEP $2.7B and Brookfield $5B partnerships."

### Equinix (mid)  → /equinix.md
- note: Supplies SOFC on-site power to Equinix datacenters.
- [confirms] MarketWise (EN, research, published 2026-01-01) https://marketwise.com/investing/best-data-center-reits-ai-infrastructure/: "Supplies SOFC on-site power to Equinix datacenters."

Reverse side: https://valuechain.wiki/bloom-energy/suppliers.md · Ripple: https://valuechain.wiki/bloom-energy/ripple.md

---
Full node: https://valuechain.wiki/bloom-energy.md · JSON: https://valuechain.wiki/bloom-energy.json