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Steve Case Joins The Bloom Energy Board Of Directors

Growing need for clean, reliable, resilient and affordable energy and surging demand for distributed energy generation influential in decision to join Bloom Energy Board of Directors.

Bloom Energy logo. (PRNewsFoto/Bloom Energy) (PRNewsFoto/) (PRNewsFoto/)

News provided by

Bloom Energy

Aug 12, 2014, 08:00 ET

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SUNNYVALE, Calif., Aug. 12, 2014 /PRNewswire/ -- Bloom Energy Corporation, the market leading provider of solid oxide fuel cells for power generation, welcomes Steve Case, co-founder of AOL, and chairman and CEO of Revolution LLC to the Bloom Energy Board of Directors.  Steve Case is legendary for his role in growing AOL into America's premier on-line brand, making the internet part of daily life, for his support of entrepreneurship as chair of the Startup America Partnership, and as an influential investor in disruptive companies through Revolution LLC.  He is also well known for his devotion to philanthropic causes, creating the Case Foundation with his wife Jean in 1997.    

"The entire Bloom Energy Board is delighted to welcome Steve Case," said KR Sridhar, Principal Co-Founder and CEO of Bloom Energy.  "I am personally excited to have in Steve a mentor, he shares our passion and vision for the future of energy and the positive impact it will have on the world."

"Having witnessed firsthand the internet revolution and the role of disruptive technology, I am excited to participate at the forefront of the emerging energy revolution," said Steve Case.  "Bloom is one of the leading energy innovators of our time, enabling the clean, reliable, resilient and affordable power the world needs right now.  Being part of Bloom means not only being part of a great company, but also having a beneficial and lasting impact on people's lives around the world."

Steve Case will join a Bloom Energy Board that includes:  General Colin L. Powell USA (ret.), 65th U.S. Secretary of State, John Doerr of Kleiner Perkins Caufield and Byers, TJ Rodgers, Founder, President and CEO of Cypress Semiconductor Corporation, Scott Sandell of New Enterprise Associates, David Goertz of Alberta Investment Management Corporation, Eddie Zervigon representing Morgan Stanley, and  KR Sridhar, Principal Co-Founder and CEO of Bloom Energy.

"I am pleased to welcome Steve Case to the board of Bloom Energy.  I have known and worked with Steve for many years and he is one of the true pioneers of the information revolution.  I look forward to what he will bring to the energy revolution we are just beginning—an energy revolution that will transform people's lives, economies around the world, and that Bloom has already been instrumental in enabling," said General Colin Powell.  

 "I welcome Steve as a fellow Board member of Bloom Energy," said John Doerr.  "I am looking forward to the tremendous experience he will bring in building and scaling new and breakthrough businesses."

"I have enjoyed knowing and working with General Powell and John Doerr for over 20 years – I look forward to partnering with them at Bloom and to building great new partnerships with all members of the Bloom Board," added Case.

About Steve Case

Steve Case is one of America's best-known and most accomplished entrepreneurs and philanthropists, and a pioneer in making the Internet part of everyday life.

As chairman and CEO of Revolution, a Washington, D.C.-based investment firm he co-founded in 2005, Steve partners with visionary entrepreneurs to build significant, 'built to last' businesses. Revolution entities – including the Revolution Growth and Revolution Ventures funds – have backed more than 30 companies, including Zipcar, LivingSocial, sweetgreen, Lolly Wolly Doodle, Bigcommerce and Revolution Foods.

Steve Case is the former Chairman and CEO of AOL where he built America's most important on-line brand which introduced Americans to the internet as part of daily life.

He is also chairman of the Case Foundation, which he and his wife Jean Case created in 1997. In 2011, Steve and Jean Case, were honored as Citizens of the Year by the National Conference on Citizenship. He currently serves as chair of UP Global, an organization dedicated to furthering entrepreneurship, created through the merger of the Startup America Partnership and Startup Weekend.

Case was appointed as a Citizen Regent of the Smithsonian Institution. He also serves as a co-chair of the Democracy Project at the Bipartisan Policy Center.

About Bloom Energy

Bloom Energy was founded in 2001 with the mission to make clean, reliable energy affordable for everyone in the world.

Bloom Energy Servers are meeting the surging demand for distributed power generation, producing power for a blue chip list of Fortune 500 companies including Apple, Google, National Security Agency (NSA), Walmart, AT&T, eBay, Staples, as well as notable non-profit organizations such as Caltech and Kaiser Permanente.

Today, Bloom Energy has more than 130 MW of Bloom Energy Servers installed in the United States.  In 2013, the company announced the formation of Bloom Energy Japan with SoftBank, and have begun to deploy Bloom Energy Servers in Japan, including downtown Tokyo.

Last year, the company opened a large manufacturing center in Newark, Delaware and completed a number of mission critical projects, including a 6 MW deployment at an eBay data center in Utah. The company is headquartered in the United States at Sunnyvale, California. For more information, visit www.bloomenergy.com.

Logo - http://photos.prnewswire.com/prnh/20130717/SF49091LOGO

SOURCE Bloom Energy

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