on Brenmiller Energy (NASDAQ:BNRG)
Brenmiller Energy Releases H1 2025 Financial Report and Strategic Updates
Brenmiller Energy has released its financial results for the first half of 2025, highlighting key operational milestones and future plans. The company's reported revenues for the period totaled $387,000, primarily from its bGen installation with Enel, Italy's largest utility. The operating loss increased to $6.57 million compared to $5.38 million in 2024, attributed to project-related costs and inventory write-downs.
A noteworthy achievement includes the Systems Purchase Agreement with Baran Energy for the Tempo and Wolfson projects, projecting $1.7 million in revenues from Tempo in 2026. Additionally, Brenmiller signed a private placement agreement for up to $25 million in equity financing to support growth. Partnerships in Europe are expected to receive €11 million in funding for upcoming projects using bGen systems.
Significant agreements were also signed with ENASCO for nuclear SMR-integrated TES solutions and with a Japanese engineering firm to explore sustainable heating solutions. Brenmiller aims to sustain its momentum and capitalize on European Union financing opportunities.
R. E.
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