Brenmiller Signs Definitive Agreement to Supply Wolfson Hospital with Clean Electric Heat in $3.55 Million Project [Yahoo! Finance]
Brenmiller Energy Ltd (BNRG)
Company Research
Source: Yahoo! Finance
Project benefits from up to $450,000 grant from Israel Innovation Authority ROSH HA'AYIN, Israel, February 01, 2024 BUSINESS WIRE Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy" or the "Company") (Nasdaq: BNRG), a global leader in thermal energy storage ("TES"), today announced it has signed a definitive agreement for a seven-year, $3.55 million project to supply electric process heat to Wolfson Hospital, a public medical center located near Tel Aviv in Holon, Israel. The Israeli Ministry of Finance approved a budget of up to NIS 13 million (approximately US$3.55 million) for Wolfson Hospital to procure a bGen™ ZERO system from Brenmiller, from which Brenmiller will generate recurring revenues on an energy-as-a-service (EaaS) model from the supply of electric process heat over the course of the seven-year project. As previously announced by the Company, a grant of up to $450,000 from the Israel Innovation Authority will cover part of the budget. bGen ZERO will replace
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BNRG
Sec Filings
- 4/11/24 - Form EFFECT
- 4/10/24 - Form S-8
- 4/8/24 - Form POS
- BNRG's page on the SEC website