FPM Development
Sustainable Infrastructure with Scalable Grid Solutions.
Powering the Future of Growth with Baseload Power.
The Energy Challenge
Rising Energy Consumption
Global electricity demand is projected to increase by over 50% by 2050 due to digitalization and industrial growth.
Data Center Boom
Data centers could consume up to 8% of the world's electricity by 2030.
Grid Vulnerabilities
Aging infrastructure and climate change lead to frequent outages and unreliability.
Sustainability Pressures
Corporations face increasing mandates to reduce carbon footprints and adopt renewable energy sources.
FPM & Partners Mission
Our Mission
To deliver innovative, scalable infrastructure and finance solutions providing low emission reliable power where it's needed most.
Expertise
Over 30 years of combined experience in grid development, renewable technologies, real estate development, public & private finance and utility scale infrastructure.
Proven Track Record
Successfully deployed over 100 MW of clean energy projects utilizing advanced technologies like Solid Oxide Fuel Cells (SOFCs).
Our Solution—Behind-the-Meter & Data Center Microgrids

1

Customized Microgrids
Tailored solutions for industrial, commercial, and data center applications.

2

Advanced Technologies
Integration of SOFCs, solar PV, and battery storage for optimal efficiency and flexibility.

3

Key Benefits
Energy reliability, cost stability, and sustainability through on-site generation.

4

Real-World Impact
A recent deployment reduced energy costs by 30% for a major data center client.
Market Opportunity
Capitalizing on a growing demand for microgrids.
47.4B
Market Growth
Global microgrid market by 2025.
11%
CAGR
Annual growth rate.
12%
Data Center
Annual energy consumption growth.
$550B
IRA
Inflation Reduction Act ITC
Scalable and Replicable Model
From Single Facilities to Global Deployments

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2

3

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Modular Design
Microgrid solutions that scale seamlessly from small sites to large campuses.

2

Adaptable Technologies
Flexible integration to suit specific site requirements and local regulations.

3

Rapid Deployment
Standardized processes enable quick replication across multiple locations.
Success Story: Bloom has deployed over 1.2 GW of Single Oxide Fuel Cells.
Financial Model Highlights
Strong Revenue Streams
Power Purchase Agreements (PPAs) provide long-term contracts with stable cash flows and investment-grade off-takers.
Investment Tax Credits
Leveraging federal and state incentives to enhance returns, projects receive up to 30% tax credit on eligible costs.
Financing Strategy
Projects utilize municipal bonds and green financing options, backed by PPAs and ITCs, increasing investor confidence.
Attractive Returns
Projects demonstrate an average Internal Rate of Return (IRR) exceeding 15%.
Successful Bloom Deployments

1

Staples Headquarters (Framingham, MA)
Staples installed Bloom Energy fuel cells at its headquarters to meet a significant portion of its energy needs. The project is fully operational, providing clean, reliable electricity. This installation likely benefits from a long-term PPA, ensuring predictable cash flows, making it a stabilized asset.

2

AT&T Data Centers (Various Locations in California)
AT&T installed Bloom Energy Servers at several of its data centers to reduce reliance on the grid and provide clean energy. The project is stabilized, with electricity being continuously produced and consumed by AT&T.

3

Morgan Stanley Global Headquarters (New York, NY)
Morgan Stanley installed Bloom Energy fuel cells at its global headquarters to increase energy resilience and reduce emissions. The system is stabilized and produces steady power for the facility under a PPA.

4

Delmarva Power (Newark, Delaware)
Delmarva Power, a utility company, partnered with Bloom Energy to install 30 MW of fuel cells across multiple locations in Delaware. The project is in full operation, delivering reliable power to the grid.

5

Equinix Data Centers (Silicon Valley, CA)
Equinix installed Bloom Energy fuel cells across several of its data centers in California. These projects are operational, providing steady and clean power to Equinix's high-demand facilities.

6

Adobe Systems Headquarters (San Jose, CA)
Adobe installed Bloom Energy fuel cells at its headquarters to reduce carbon emissions and energy costs. The fuel cells are fully operational, supplying power directly to the headquarters. The stable revenue from the long-term PPA makes it a stabilized project.
Competitive Advantage
Innovative Solutions
Cutting-edge technology integration for maximum efficiency and flexibility.
Proven Expertise
A history of delivering complex energy projects on time and within budget.
Strategic Partnerships
Collaborations with leading technology providers, financiers, and regulatory bodies. Strong relationships with municipalities, utilities, and equipment vendors.
Customer-Centric Approach
Tailored solutions to meet specific client needs. Comprehensive support from initial design through to operation and maintenance.
Our Team
Tony Wong
Tony Wong is a self-made entrepreneur known for rapidly executing his innovative business strategies. Mr. Wong began his professional career as a broker in New York City real estate. He parlayed his experience with a global client base into a boutique private equity company focused on emerging and frontier markets. Mr. Wong made investments in China, Mozambique, the Dominican Republic, and Brazil, and after a few successful exits, Mr. Wong traded in his wings and settled in suburban Orange County, California. Early retirement was not the right fit for Mr. Wong, and he founded Evergreen Breakthrough Ventures, an angel fund focused on fintech and marketplace platforms, and FPM Advisory, a firm focused on special situation strategies. That focus led Mr. Wong to join the all-star team at Tall Ship Capital Fund. Mr. Wong is fluent in Mandarin, Cantonese, and proficient in Spanish. His experience building multinational teams and navigating multicultural nuances in complex transactions is a powerful asset to the Fund’s global mission. Mr. Wong has degrees in History and Economics from Stony Brook University in Long Island, New York. He is an avid reader, hobbyist chef, and terrible gardener.
Brad Hoffman
Brad Hoffman has been in business finance for over 20 years. He started with HH&A, a financial services company specific to the financing needs of healthcare providers with clients including hospitals, surgeons, surgery centers, IPA groups, specialty equipment manufacturers, and life science companies and real estate trusts. In 1995, a merger with IHRS provided a broader set of financial services to the healthcare markets including investment banking services, mergers and acquisitions, and underwriting and valuation studies. In 1999, Brad joined the merchant banking and private equity firm of Dubrow Kavanaugh Capital LLC (DKCap) overseeing new business development, M&A due diligence, and portfolio management. Mr. Hoffman co-founded and joined Ashford Capital LLC (Ashford), an equity-venture firm created by several former partners from DKCap in partnership with Japan’s largest venture capital firm Hikari Capital. Subsequent to DKCap, Brad became Managing Director of Galen Capital Corporation based in Washington D.C. where he was responsible for business development, underwriting, financing of transactions, and M&A activity. In 2004, Mr. Hoffman joined the healthcare division of Drawbridge Special Opportunities and Assets Fund, the arbitrage arm of Fortress [NYSE] headquartered in New York and one of the largest hedge funds with several billion dollars under management. Brad’s role was to assist in new business development and underwriting to provide senior secured loans.
Guy Mato
Guy Mato is currently the city treasurer of Gardena and remains an active reserve Deputy Sheriff of the Los Angeles Sheriff’s Department with over 40 years of law enforcement experience and over 45 years of private security experience. Mr. Mato holds a bachelor’s degree in business administration with a Minor Concentration in Real Estate Finance from California State University Dominguez Hills. He has a consistent record of innovation and excels in strategic organizational goal setting and morale improvement planning. Mr. Mato founded Venture Matrix Insurance Agency, a provider of insurance products to the members of the Los Angeles County Sheriff’s Department and Los Angeles County employees. The company now has appointments with AIG, ING, CAIG (Continental American Insurance Group), All-State Workplace Division, McGraw, and Blue Cross of California. With All-State Workplace Division, Mr. Mato led his team to be the #1 sales group in Southern California and was also awarded to be part of the top 100 sales team in the Nation.
AC Green
AC Green, renowned for his record-setting NBA career with the Los Angeles Lakers, is equally celebrated for his philanthropic endeavors, especially through the AC Green Youth Foundation. As a three-time NBA champion, Green earned respect on the court not only for his relentless defense and rebounding but also for his remarkable Iron Man streak, playing an unmatched 1,192 consecutive games.

Off the court, AC's commitment to community service and youth development is evident through his foundation, which he established to promote abstinence until marriage and to provide a moral compass to youth. The foundation emphasizes the development of character, responsibility, and leadership skills in young people through various programs, including sports clinics, school assemblies, and leadership camps. His work aims to guide young people to make positive life choices, focusing on integrity, discipline, and respect.

AC's passion for making a meaningful impact in the lives of young individuals extends into his public speaking engagements where he shares his experiences and life lessons, aiming to inspire and motivate. AC Green's legacy is not just defined by his durability and performance in basketball but also by his dedication to empowering the next generation through his nonprofit activities.
Our Team
Choiwan Hin
Choiwan Hin is the Co-Founder of Essey Construction, where she plays a pivotal role in managing day-to-day operations as a minority female owner. A licensed attorney, Choiwan brings a wealth of legal expertise to the construction industry, ensuring both regulatory compliance and operational excellence in the business. Her leadership and commitment drive the success of the company, making her an influential figure in both the legal and construction sectors.
David Essey
David Essey is the Co-Founder of Essey Construction and brings over four decades of extensive experience in the construction industry. Throughout his career, David has worked on a wide range of projects, from large-scale commercial developments to complex infrastructure builds. His deep knowledge of construction techniques, project management, and industry trends has positioned Essey Construction as a trusted name in the field. David’s hands-on approach and leadership ensure the successful execution of projects, while his vast experience continues to guide the company’s growth and development. Together with Choiwan Hin, David plays a crucial role in shaping the strategic vision and operational success of Essey Construction.
Pipeline Overview
Repurposing Vacant Buildings
FPM has a robust pipeline of projects in various stages of development. We are repurposing vacant commercial and industrial buildings in dense urban environments.
Creating Microgrids
Converting empty space into microgrids for public and private data warehousing while bolstering the local public utility grid.
Site 1: Behind the Meter
94,500
sf
Building Size
20
MW
Fuel Cells
$170M
Cost
Total Installation
$78M
ITC
Generated
$17M
NOI
Projected Annual
Site 2: Microgrid & Data Center
200,000
sf
Building Size
40
MW
Fuel Cells
$350M
Cost
Total Installation
$188M
ITC
Generated
$35M
NOI
Projected Annual
Site 3: LAX Auxiliary Grid
200,000
sf
Building Size
50
MW
Fuel Cells
$425M
Cost
Total Installation
$225M
ITC
Generated
$43M
NOI
Projected Annual
Tax Credit Backed Securities
Tax credit backed securities (TCBS) are a type of investment that is backed by tax credits. These credits are typically generated by renewable energy projects, such as solar or wind farms. Investors purchase TCBS to receive a portion of the tax credits generated by the project.
Roadmap
U.S. Deployment
Through a partnership with Bloom Energy, FPM plans to deploy the TCBS throughout the United States, bolstering grid stability and providing a direct source of revenue for municipalities.
Asia-Pacific Expansion
Working with AMEC Partners, FPM will export fuel cell technology to the Asia-Pacific region and further support a global transition to reliable sustainable energy.
Join Us
Upcoming Projects
A pipeline of 200 MW in microgrid projects across North America and Europe. Opportunities for partnerships in key growth markets.
Investment Opportunities
Seeking strategic investors and partners to expand our impact. Offering attractive returns with significant environmental benefits.
True Sustainability
Revitalizing Communities with Reliable Renewables