Benzinga | Jul 29, 2020 12:12PM EDT

NextEra Energy Resources Issues Press Release Correcting Statement By Bloom Energy Exec On Call Tues., Confirms Co. Has No Relationship As Financing Partner With Bloom Energy

"Yesterday, during a call with financial analysts, an executive of Bloom Energy incorrectly asserted that NextEra Energy Resources was a 'financing partner' of Bloom Energy. We have no such relationship with Bloom Energy. NextEra Energy Resources' relationship with Bloom Energy is limited to a recently acquired small fuel cell with an existing power purchase agreement on Long Island, New York. The opportunity became available to us on attractive terms. Our contractual arrangement with Bloom Energy is limited to receiving operational and technology support for this one system. We have no plans to engage in further business activities with Bloom Energy."