• Industrial Development Funding, backed by Oaktree, committed USD 1.7 billion to deploy Bloom Energy fuel cells for Nebius AI cloud infrastructure.
• Project targets dedicated behind-the-meter power to support AI data center availability requirements.
• Morgan Stanley acted as sole tax equity investor, placement agent for tax equity financing; MUFG Bank provided senior debt financing.
• Investment expands IDF’s Bloom project portfolio to more than USD 2.6 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bloom Energy Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: SF06074) on July 16, 2026, and is solely responsible for the information contained therein.