Macy’s, Inc. Installs New Bloom Energy Server In Connecticut

Fri Oct 18, 2013 9:30am EDT

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Macy’s, Inc. Installs New Bloom Energy Server In Connecticut

600 kW project will provide clean and uninterruptible power to Macy’s online fulfillment center

Macy's, Inc. (NYSE:M) and Bloom Energy today announced that an innovative and clean electricity generation system has been installed at Macy’s online fulfillment center in Cheshire, CT. The Bloom Energy Servers use an advanced solid oxide fuel cell technology to produce electricity on-site.

In addition to providing base load 24x7 power to the facility, the Bloom Energy Servers are equipped with an uninterruptible power module which provides business continuity during grid outages. In 2011, businesses in Connecticut experienced approximately 140 hours of outages1 (excluding major storms). The 600 kW Bloom Energy installation will provide an estimated five million kilowatt hours of reliable electricity each year and backup generation for future grid events. The Clean Energy Finance and Investment Authority of Connecticut (CEFIA) helped provide funding for the project.

“Congratulations to Macy’s and Bloom Energy. The installation of this fuel cell further supports Connecticut’s efforts to provide businesses and citizens the opportunity for cleaner, cheaper and more reliable energy,” stated Bryan Garcia, President, CEFIA. “Reducing energy costs will allow businesses throughout Connecticut to expand their operations.”

“Macy’s has made significant progress over the past five years in making our company more efficient, less wasteful and greener, which is important to our customers, associates, shareholders and communities. The more we do, the more we learn about the opportunities for future progress. For the needs of our company’s facility at Cheshire – and the realities of the marketplace – we believe a Bloom Energy Server is the cleanest, most efficient and reliable option available,” said Macy’s, Inc. Executive Vice President Amy Hanson.

“This Macy’s project is one of our first business continuity projects in the northeast, an area hard hit by grid outage events over the last few years,” Bill Thayer, executive vice president of Sales at Bloom Energy. “The Bloom solution will help meet Macy’s corporate sustainability goals as well as provide reliable power to keep critical business operations and the facility up and running during disruptive events.”

Bloom Energy servers are the latest advancement in energy management at Macy’s. Through a variety of energy management techniques, the company has reduced its energy consumption by 37 percent over the past 10 years.

About Macy’s

Macy’s, Inc. with corporate offices in Cincinnati and New York, is one of the nation’s premier retailers, with fiscal 2012 sales of $27.7 billion. The company operates about 840 department stores in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macy’s and Bloomingdale’s, as well as the macys.com and bloomingdales.com websites. The company also operates 13 Bloomingdale’s Outlet stores. Bloomingdale’s in Dubai is operated by Al Tayer Group LLC under a license agreement.

About Bloom Energy

Bloom Energy is a provider of breakthrough solid oxide fuel cell technology generating clean, highly-efficient on-site power from multiple fuel sources. The company was founded in 2001 with a mission to make clean, reliable energy affordable for everyone in the world. Bloom Energy Servers are currently producing power for several Fortune 500 companies including Google, Walmart, AT&T, eBay, Staples, The Coca-Cola Company, as well as notable non-profit organizations such as Caltech and Kaiser Permanente. The company is headquartered in Sunnyvale, CA. For more information, visit www.bloomenergy.com.

1 DPUC, 2011 Annual Report on Reliability. http://www.ct.gov/deep/lib/deep/energy/cep/2013_ces_appendices_final.pdf

Macy's
Media – Jim Sluzewski, 513-579-7764
or
Investor – Matt Stautberg, 513-579-7780
OR
Bloom Energy:
Media - Alanna Gino
Alanna.gino@bloomenergy.com