Related Party Transactions

12 Months Ended

Dec. 31, 2021

Our operations include the following related party transactions (in thousands):


	Years Ended December 31,
		2021		2020		2019

Total revenue from related parties		$	16,038	$	7,562	$	228,100
Interest expense to related parties		—		2,513		6,756

Bloom Energy Japan Limited

In May 2013, we entered into a joint venture with Softbank Corp. ("Softbank"), which was accounted for as an equity method investment. Under this arrangement, we sold Energy Servers and provided maintenance services to the joint venture. On July 1, 2021 (the "BEJ Closing Date"), we acquired Softbank's 50% interest in the joint venture for a cash payment of $2.0 million and subject to a $3.6 million earn out. As of the BEJ Closing Date, Bloom Energy Japan Limited ("Bloom Energy Japan") is no longer considered a related party. For additional information, see Note 17 - Business Combinations.

For the years ended December 31, 2021 and 2020, we recognized related party total revenue of $1.6 million and $3.4 million, respectively. Accounts receivable from this joint venture was $2.4 million as of December 31, 2020.

SK ecoplant Joint Venture and Strategic Partnership

In September 2019, we entered into a joint venture agreement with SK ecoplant to establish a light-assembly facility in the Republic of Korea for sales of certain portions of our Energy Server for the stationary utility and commercial and industrial market in the Republic of Korea. The joint venture is majority controlled and managed by us and is accounted for as a consolidated subsidiary. For the years ended December 31, 2021 and 2020, we recognized related party revenue of $14.5 million and $4.2 million, respectively. As of December 31, 2021 and 2020, we had outstanding accounts receivable of $4.4 million and none, respectively.

On October 23, 2021, we expanded our existing relationship with SK ecoplant. In connection with the execution of the strategic partnership, we entered into a Securities Purchase Agreement pursuant to which we agreed to sell and issue to SK ecoplant 10,000,000 shares of Series A Redeemable Convertible Preferred Stock. In addition, SK ecoplant acquired an option to acquire a variable number of shares of our Class A Common Stock and acquired certain rights and provisions relating to the arrangement under this strategic partnership. For additional information, see Note 18 - SK ecoplant Strategic Investment.

Debt to Related Parties

We had no debt or convertible notes from investors considered to be related parties as of December 31, 2021.