Discontinued — last reported Q4 '23

Products & Services · Impairment of assets related to PPAs

Electricity — Impairment of assets related to PPAs

Bloom Energy Electricity — Impairment of assets related to PPAs remained flat by 0.0% to $30.93M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 176.1%, from $11.20M to $30.93M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2022
Last reportedQ4 2023

How to read this metric

An increase indicates declining asset value or poor project performance, suggesting potential operational inefficiencies or unfavorable market shifts in energy pricing. A decrease suggests stable asset performance and that the carrying value of the power generation infrastructure remains aligned with expected future cash flows.

Detailed definition

This metric represents the non-cash write-down of the carrying value of power generation assets associated with long-ter...

Peer comparison

Comparable to asset impairment charges or write-downs reported by independent power producers (IPPs) and renewable energy infrastructure companies when project economics deteriorate.

Metric ID: be_segment_electricity_impairment_of_assets_related_to_ppas

Historical Data

2 years
 FY'22FY'23
Value$44.80M$123.70M
YoY Change+176.1%
Range$44.80M$123.70M
Avg YoY Growth+176.1%
Median YoY Growth+176.1%

Frequently Asked Questions

What is Bloom Energy's electricity — impairment of assets related to ppas?
Bloom Energy (BE) reported electricity — impairment of assets related to ppas of $30.93M in Q4 2023.
How has Bloom Energy's electricity — impairment of assets related to ppas changed year-over-year?
Bloom Energy's electricity — impairment of assets related to ppas increased by 176.1% year-over-year, from $11.20M to $30.93M.
What does electricity — impairment of assets related to ppas mean?
The amount of value written off from power generation assets because they are expected to generate less profit than originally planned.