Recent Updates — BNRG
On July 30, 2026, Brenmiller Energy Ltd. announced that shareholders approved proposals at the Annual and Special General Meeting held on July 29, 2026, including the appointment of Nir Brenmiller as Chief Executive Officer effective immediately. Company founder Avi Brenmiller will continue serving as Chairman of the Board. The leadership transition supports the company's 'BrenX' strategy to shift from equipment sales to owning integrated energy infrastructure, evidenced by the acquisition of a 1.2 MWp photovoltaic facility in Hungary and plans for an industrial energy resource center. Shareholders also approved a name change to 'BrenX', pending Israeli Registrar approval. The company operates in the clean energy sector, providing thermal energy storage and integrated power solutions.
Brenmiller Energy Ltd. announced a waiver from the European Investment Bank (EIB) to defer an approximately €1.7 million loan payment due on July 28, 2026, with the waiver effective through September 15, 2026. The Company is currently negotiating a full and final settlement with the EIB to reduce its total debt and strengthen its balance sheet in support of its BrenX growth strategy. Brenmiller Energy Ltd. is a provider of thermal energy storage solutions for industrial and utility customers.
Brenmiller Energy Ltd. will receive $1,000,000 from Alpha Capital Anstalt via a subsequent funding closing expected around July 13, 2026. The company will issue 1,000 preferred shares with a conversion price of $0.9175 per share and ordinary warrants to purchase 1,089,918 ordinary shares at $14.56 per share. Due to anti-dilution and ratchet provisions, the conversion price of all previously issued preferred shares under the existing securities purchase agreement will be adjusted to $0.9175. Proceeds will fund general corporate purposes, working capital, and commercial thermal energy storage (TES) projects in Europe, the U.S., and the Middle East. The company provides thermal energy storage solutions for industrial applications.