Long-time Global Co-Head of Energy Investment Banking at Morgan Stanley Joins Bloom at Time of Unprecedented Power Demand to Expand Energy Partnership Ecosystem
Bloom Energy (NYSE: BE), a global leader in power solutions, today announced that Aaron Hoover will join the company to head business and corporate development. In this role, he will develop and oversee strategic partnerships with energy ecosystem players and drive corporate development initiatives as Bloom advances its mission to deliver reliable, clean, and affordable energy.
Mr. Hoover brings more than two decades of leadership experience in the energy and finance sectors. Most recently, he served as Global Co-Head of Energy Investment Banking at Morgan Stanley, where he advised leading energy and infrastructure companies on strategic transactions, capital raising, and long-term growth initiatives. His deep expertise across the energy value chain and proven track record of building transformative and trusted partnerships will be a tremendous asset to Bloom’s next phase of growth and market expansion.
KR Sridhar, Founder, Chairman, and CEO of Bloom Energy, said:
“In a digital world where electricity abundance is a necessity, we see real opportunity to partner with the broader gas ecosystem to convert their molecules to reliable, clean power at AI speed and scale. Additionally, we are moving toward a future that demands not only the clean and reliable electricity we provide today, but also a near-zero emission power option. This decarbonization can only occur in the midterm with carbon capture and sequestration. While Bloom has an ideal platform for carbon capture at scale, sequestration can only be achieved through deep collaboration with the natural gas sector. Aaron joins Bloom at a pivotal moment in the global energy transition. His expertise, energy relationships and vision for evolving markets will help us scale our impact, and deliver clean, reliable energy where and when it’s needed. I’m thrilled to welcome Aaron to our leadership team.”
Aaron Hoover added:
“I’m deeply honored to join Bloom Energy and partner with KR, its world-renowned board, and the entire team at such a pivotal moment in the company’s journey. The energy sector is undergoing a profound transformation, and Bloom’s technology is well positioned to meet the urgent demand for clean, reliable, and scalable power solutions. I look forward to helping accelerate Bloom’s growth, forge lasting partnerships, and contribute to its leadership in the energy transition. As Bloom strives to become the world’s most meaningful energy company, I’m excited to leverage my expertise and relationships to help evaluate partnerships that are aligned with the company’s growth strategy.”
Mr. Hoover has been recognized by Business Insider as one of the “20 Powerhouse Bankers.” Based in Houston, he will leverage his long-standing relationships across the energy sector to expand Bloom’s partnerships and market presence.
