Exclusive: Bloom Energy raises $130 million

May 10, 2013, 10:54 PM UTC

FORTUNE — Fuel cell maker Bloom Energy has raised $130 million in new venture capital funding, Fortune has learned from multiple sources.

An unidentified new investor provided the first $100 million, while Credit Suisse (CS) provided the remaining $30 million. Existing investors did not participate in the round, which was structured as an extension to the company’s Series G round that originally closed on $150 million in 2011 at a $2.7 billion pre-money valuation.

Bloom now has raised more than $1.1 billion in venture capital funding, including past investments from Kleiner Perkins Caufield & Byers, New Enterprise Associates, Advanced Equities, DAG Ventures and Goldman Sachs .

Fortune previously reported that Bloom’s retained earnings through Q3 2012 stood at negative $873 million, and that it only had $113 million left in the bank. At the same time, however, Bloom CFO Bill Kurtz said that the company had become gross margin positive (on a pro forma basis),was “operating with a fully funded business plan” and was “on track with our goal to be profitable in 2013.”

Earlier this year Bloom was fined by the U.S. Department of Labor for paying a group of Mexican nationals — who were working at the company’s Silicon Valley headquarters via work visas — less than minimum wage.

Fortune has reached out to Kurtz and a Bloom spokesperson  for comment, and will update this post if it responds.

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