Brenmiller Energy Ltd Announces $1.5 Million Public Offering
Brenmiller Energy Ltd, a Nasdaq-listed company specializing in the design, build, and operation of solar power plants, has announced a public offering of $1.5 million. The company, which focuses on developing storage-based generation systems that integrate thermal storage, inherent heat exchanging, and inherent steam generation, serves a global customer base. This announcement was made on May 13, 2025, and was reported by multiple financial news sources, including de.investing.com and investing.com.
Despite the announcement, Brenmiller Energy’s stock experienced a significant drop following the pricing of the public offering. This reaction was noted by Seeking Alpha, which reported the company’s stock plummeting after the offering was priced.
Thermal Energy Storage Success at SUNY Purchase College
In related news, Brenmiller Energy, in collaboration with the New York Power Authority, showcased the success of a thermal energy storage project at SUNY Purchase College. This innovative pilot project, highlighted by multiple news sources, underscores the potential of thermal energy storage in decarbonizing public institutions. The project, which aims to reduce 550 metric tons of CO2 emissions annually, will be further discussed in a webinar hosted by the Renewable Thermal Collaborative on May 19, 2025.
Company Overview
Brenmiller Energy Ltd operates within the industrials sector, specifically focusing on independent power and renewable electricity production. As of May 8, 2025, the company’s close price was $1.06, with a 52-week high of $3.27 and a low of $0.6016. The company’s market capitalization stands at approximately $8,982,742 USD. For more information, Brenmiller Energy can be accessed through their website at www.bren-energy.com .