We advised the lead arrangers, administrative agent and lender on the facility


Davis Polk advised the administrative agent and lender and the joint lead arrangers and joint bookrunners, in connection with a $600 million secured revolving credit facility provided to Bloom Energy Corporation. The facility will be used for working capital, capital expenditures, permitted acquisitions and other lawful corporate purposes.

Bloom Energy Corporation is a clean energy technology company that develops, manufactures and sells solid oxide fuel cell systems for on-site power generation. Headquartered in San Jose, California, Bloom Energy employs over 2,000 people and has a market capitalization of more than $20 billion. The company serves various sectors, including healthcare, retail, data centers, manufacturing and utilities. Bloom Energy’s technology offers higher efficiency, lower emissions and greater reliability compared to traditional power generation methods.

The finance team included partner David Hahn, counsel Demian von Poelnitz and associate Sally Kang. Partner Pritesh P. Shah and associate Anthony Tran provided intellectual property advice. Partner Michael Mollerus and associate Omar Hersi provided tax advice. Partner Caitlin L. Wood provided capital markets advice. Counsel Chaoyuan (Charles) Shi provided executive compensation advice. Associate Daria Adjowa Serwaa Nonnemaker provided sanctions advice. Members of the Davis Polk team are based in the New York and Washington DC offices.

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