BNRG

Projected revenues of $1.7 million for 2026 based on bGen ZERO execution milestones for Tempo project Systems Purchase Agreement signed with Baran Energy for Tempo and Wolfson projects; Brenmiller to receive milestone-based payments, profits sharing, and service revenues Brenmiller has 103 MWh in cumulative projects deployed, with numerous projects in development and a robust $500 million global pipeline of commercial opportunities Signed private placement agreement for up to $25 million in equity financing to fund growth ROSH HA‘AYIN, IL / ACCESS Newswire / September 30, 2025 / Brenmiller Energy Ltd. (NASDAQ:BNRG), (the "Company", "Brenmiller" or "Brenmiller Energy") a leading global provider of Thermal Energy Storage ("TES") solutions for industrial and utility customers, today reported financial results as of and for the six months ended June 30, 2025, in addition to operational and recent business development updates. "We believe Brenmiller Energy has achieved more commercial and developmental milestones in 2025 to date than at any other time in our Company's history," stated Avi Brenmiller, Chairman and Chief Executive Officer of Brenmiller Energy. "Now, with our collaboration with Baran Energy in Israel, an agreement for up to $25 million in funding from one of our largest institutional shareholders, and continued momentum in Europe supported by non-dilutive project funding from the European Union, we believe Brenmiller is well funded for commercial ramp up." Significant Milestones Achieved, Supporting Upcoming Catalysts Signed a System Purchase Agreement with Baran: Brenmiller and Baran Energy, a subsidiary of the Baran Group Ltd. ("Baran") (TASE:BRAN), an international engineering company that provides management, design and financing solutions for large-scale infrastructure projects, signed a System Purchase Agreement for the completion and operational launch of two bGen ZERO systems currently in development in Brenmiller's portfolio, Tempo Beverages Ltd. ("Tempo") and Wolfson Medical Center ("Wolfson"). Baran will assume ownership of the Tempo and Wolfson projects and will make milestone-based payments to Brenmiller during construction and commissioning. Brenmiller will receive profit sharing on the projects based on revenues from end customers. Brenmiller retains all intellectual property and will continue to provide, and be paid for, operations a...