Brenmiller Energy Reports Strong 2025 Financial Results and Operational Updates

Brenmiller Energy reported Q2 2025 financial results, projecting $1.7m in revenues for 2026 based on execution milestones for the Tempo project. The company signed a System Purchase Agreement with Baran Energy for the Tempo and Wolfson projects, with Brenmiller set to receive milestone-based payments, profit-sharing, and service revenues. Brenmiller has deployed 103 MWh of cumulative projects and has a $500m global pipeline of commercial opportunities. The company has also signed a private placement agreement for up to $25m in equity financing.

Brenmiller Energy Ltd. (NASDAQ: BNRG) reported its financial results for the six months ended June 30, 2025, highlighting significant milestones and strategic partnerships. The company reported revenues of $387,000 for the period, a substantial increase from $0 in the same period of 2024. The revenues were generated primarily from the company's bGen installation with Enel, Italy's largest utility.

Operating loss for the six months ended June 30, 2025, was $6.57 million, up from $5.38 million in the same period of 2024. The increase was primarily due to the finalization of the Enel project, a write-down of work-in-progress inventory, and higher operating costs. However, these factors were partially offset by lower general and administrative expenses. Net loss for the period was $7.45 million, compared to $1.58 million in the same period in 2024.

Brenmiller Energy has deployed 103 MWh of cumulative projects and has a robust global pipeline of commercial opportunities valued at $500 million. The company has signed a System Purchase Agreement with Baran Energy for the Tempo and Wolfson projects, with Brenmiller set to receive milestone-based payments, profit-sharing, and service revenues. The agreement covers a total of 44 MWh of bGen ZERO TES systems, representing significant progress in the company's portfolio.

Brenmiller Energy also signed a private placement agreement for up to $25 million in equity financing to fund growth. The company anticipates further momentum in Europe, with potential funding through the European Union Innovation Fund, as part of a €1 billion auction expected to open in December 2025.

The company projects revenues of $1.7 million for 2026 based on execution milestones for the Tempo project. Brenmiller Energy expects Tempo to enter commercial operation and revenue generation in 2026, with Wolfson ramping up for revenues by the end of 2026 or early 2027. The installation of bGen at Tempo is estimated to save $7.5 million over 15 years, and at Wolfson, it is estimated to save up to $1.3 million annually.

Brenmiller Energy continues to expand its presence in the global energy market, with a focus on sustainable industrial processes and utility-scale renewables. The company's forward-looking statements underscore its optimism for future growth and commercial success.