NZ Super Fund undecided on Bloom Energy stake after IPO docs filed

Wed, 13 Jun 2018

By Paul McBeth June 13 (BusinessDesk) - The New Zealand Superannuation Fund hasn't decided on what to do with its stake in US fuel cell maker Bloom Energy, which yesterday signalled plans to go public. The NZ Super Fund first invested in California, US-based Bloom in 2013 with a US$50 million stake and followed that up the following year with a further US$50 million but doesn't appear as a substantial shareholder with at least 5 percent. Since its 2001 founding, Bloom has reportedly raised about US$2 billion in debt and equity, and in a f...

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