Bloom Energy CEO dismisses force majeure concerns on Oracle deal and emphasizes energy unit fungibility in Oracle data center power arrangement.

Bloom Energy Corp. (NYSE: BE) CEO KR Sridhar has pushed back against investor concerns surrounding Oracle's (NYSE: ORCL) invocation of a force majeure clause tied to Project Jupiter, a massive AI data center campus in New Mexico. Oracle invoked the clause last month in connection with the $165 billion development, sending notice to the project's developer to shield itself from payments and costs if the facility misses its planned 2028 start date.

Project Jupiter is expected to draw on up to 2.45 gigawatts of installed Bloom capacity, making the contract one of the most significant in the company's history. Speaking with Bloomberg TV, Sridhar argued that the nature of Bloom's technology fundamentally limits the risk posed by any single project delay. "They can be installed in one location, or after we ship the units, after they're on the trucks, we can redirect the trucks to go to some other location and be able to operate," Sridhar said. "This is very different from conventional engines and turbines."

Unlike large-scale power plants, which are fixed infrastructure tied to a single site, Bloom boxes can be rerouted mid-delivery, providing the company a level of supply flexibility that traditional energy equipment makers cannot match. Sridhar emphasized that Bloom manages a broad portfolio of construction projects simultaneously, which he said provides a natural buffer against individual delays affecting overall financial projections. "Some construction projects will come in, some will be on schedule, some will get delayed. But we have enough of a portfolio that we are confident in the numbers we project," he said, reiterating the company's guidance for this year and next.

Sridhar used the appearance to reaffirm Bloom's broader ambitions, outlining plans to scale manufacturing capacity in line with surging demand from AI data centers, hospitals, and manufacturing facilities across the United States. "Our goal when we started the company 25 years ago was to power the planet. Even today we're on that path, and we have a sense of urgency about it," Sridhar said. The company's manufacturing expansion will be driven entirely by market demand. "We will not be the constraint for America's growth – either in manufacturing and factories or in hospitals or in data centers," he added.

BE shares ended Thursday up 0.2% and ticked slightly higher in overnight trading, closing at $277.58, having surged more than 181% so far in 2026. Retail sentiment on Stocktwits rated BE "bullish" amid "high" message volumes, with one user posting "$BE Massive demand for energy" and another predicting the stock "will easily get over $300."