Company's intention going forward is to not utilize the ATM facility under $3.00 per share Heat-as-a-Service ("HaaS") projects with recurring revenues to be funded mainly using third-party project finance, not equity funding, with an aim to enhance shareholder value while simultaneously accelerating Company's capacity to execute on a project pipeline potentially worth up to $500 million in value Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy" or the "Company") (NASDAQ:BNRG), a leading global provider of thermal energy storage ("TES") solutions for industrial and utility customers, today issued an update on its balance sheet and recent commercial developments. On August 30, 2
Brenmiller entered a definitive agreement for a $1.05 million private placement priced at a 52% premium to market on August 2, 2024, with an existing institutional shareholder which will have the right to make a further investment an additional 1 million shares, in the event the Company's ordinary shares close at or above $2.50 per share within the next 12 months Projects currently in development and construction phases are expected to produce multiple recurring revenue streams Expanding bGen™ into new application for cooling AI data centers with the development of a Cold Thermal Energy Storage solution, the bGen™ Cool Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy" or t
Brenmiller to build, own and operate a 30 MWh bGen™ ZERO system in Hungary. This is the first project through which Brenmiller will generate revenues from both selling heat as a service and offering balancing services to the local grid. Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy" or the "Company") (NASDAQ:BNRG), a leading global provider of thermal energy storage ("TES") solutions for industrial and utility markets, today announced that it has entered a 12-year Heat as a Service ("HaaS") agreement with Partner in Pet Food Hungaria KFT ("PPF"), one of Europe's leading private label pet food producers. Under the terms of the agreement, Brenmiller will deliver low-cost and
Driven by rapid growth in AI computing, Brenmiller identifies significant new decarbonization and financial opportunity in the data center value chainEstimates point to a 160% increase in data center power demand by 2030, driving innovation and investment in cooling and energy efficiency solutionsBrenmiller anticipates minimal investment is needed to adapt its bGen™ thermal battery for data center applicationsBrenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy" or the "Company") (NASDAQ:BNRG), a leading global provider of thermal energy storage ("TES") solutions for industrial and utility markets, today announced that it will expand its proprietary technology's capabilities and develop
Dear Shareholders,I would like to begin by thanking you for your confidence in our Company over the years. I am very happy to report that Brenmiller Energy has reached a point where our vision, for a world where renewable energy is plentiful and heat has no carbon footprint, is becoming a reality.As a result of our team's focused commitment, industry-leading research and development activities, and collaborations across several countries, we have deployed and are developing a combined 73 MWh of our pioneering bGen™ TES systems worldwide. In our view, Brenmiller has made significant contributions to the advancement of the TES industry. After more than a decade in the space, we are amazed to s
Sign Non-Binding Memorandum of Understanding to advance potential $6 million worth of projects and scale access to low-carbon thermal energy in the province of Alberta, CanadaBrenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy" or the "Company") (NASDAQ:BNRG), a leading global provider of thermal energy storage ("TES") solutions, today announced that it has signed a non-binding Memorandum of Understanding ("MoU") with Proactive Planet, a renewable energy solutions provider based in Calgary, to distribute bGen™ TES systems to industrial companies and electric utilities in the province of Alberta in Canada. The two companies have developed an initial list of potential customers valued at
SC 13D/A - Brenmiller Energy Ltd. (0001901215) (Subject)
SC 13G - Brenmiller Energy Ltd. (0001901215) (Subject)
SC 13D - Brenmiller Energy Ltd. (0001901215) (Subject)
Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy" or the "Company") (NASDAQ:BNRG), a clean energy company that provides Thermal Energy Storage ("TES") systems to global industrial and utility markets, today announced a reverse share split of its issued and outstanding ordinary shares at a ratio of 1-for-10 is expected to be implemented after market close on December 1, 2023. The Company's ordinary shares will begin trading on the Nasdaq Capital Market on a post-split basis at the market open on December 4, 2023 under the Company's existing trading symbol "BNRG". The reverse share split was approved by the Company's shareholders at the Company's Special General Meeting of Sharehold
Company also provides an update on its financing plans Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy" or the "Company") (NASDAQ:BNRG), a leading global provider of thermal energy storage ("TES") solutions for industrial and utility markets, today announced that in an acknowledgment of the Schedule13D filing by Alpha Capital Anstalt ("Alpha") dated June 10, 2024, the Company has agreed to appoint Messrs. Zvi Joseph and Miki Korner to the Company's Board of Directors (the "Board") effective on August 14, 2024, filling vacancies to be created as a result of the resignations of two current directors as will be later determined by the Board. Mr. Zvi Joseph, age 58, has a diverse w
6-K - Brenmiller Energy Ltd. (0001901215) (Filer)
6-K - Brenmiller Energy Ltd. (0001901215) (Filer)
6-K - Brenmiller Energy Ltd. (0001901215) (Filer)