E.ON makes substantial investment in fuel cell firm

Germany-based E.ON (FWB: EOAN) has invested $100m in a California-based fuel cell manufacturer.

Bloom Energy has seen increasing demand for its electricity-led Energy Server fuel cells in the last four years, first in California and now across the USA. High-profile customers include tech giants Apple, Google, Adobe and eBay, as well as US communications network AT&T, Bank of America and Walmart.
The investment in Bloom should prove highly beneficial to E.ON, which is trying to reduce its carbon intensity.

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