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Bimergen Energy Appoints Cole Johnson and Robert Brilon to be Co-CEOs

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Bimergen Energy (OTCQB: BESS) appointed Cole W. Johnson and Robert J. Brilon as co-CEOs effective October 21, 2025.

Johnson, president and board director since last year, helped expand Bimergen’s battery energy storage portfolio and helped secure $250 million in mezzanine and equity financing. Brilon, CFO and board director since 2021, has led corporate finance, SEC registrations and compliance. The company says the $250 million commitment unlocks over $1 billion in Tier-1 capacity and supports advancing 23 battery energy storage projects totaling 2 GW toward construction and commercial operation.

Bimergen Energy (OTCQB: BESS) ha nominato Cole W. Johnson e Robert J. Brilon come co-CEO, con effetto dal 21 ottobre 2025.

Johnson, presidente e consigliere dall'anno scorso, ha contribuito ad espandere il portafoglio di stoccaggio di energia a batteria di Bimergen e ha aiutato ad assicurare $250 million di finanziamenti mezzanino e azionari.

Brilon, CFO e consigliere dal 2021, ha guidato la finanza aziendale, le registrazioni SEC e la conformità.

L'azienda afferma che l'impegno di $250 million sblocca oltre $1 billion di capacità Tier-1 e sostiene l'avanzamento di 23 progetti di stoccaggio energetico a batteria per un totale di 2 GW verso la costruzione e l'operatività commerciale.

Bimergen Energy (OTCQB: BESS) nombró a Cole W. Johnson y Robert J. Brilon como co-CEO, con efecto a partir del 21 de octubre de 2025.

Johnson, presidente y director de la junta desde el año pasado, ayudó a ampliar el portafolio de almacenamiento de energía con baterías de Bimergen y ayudó a asegurar $250 million en financiación mezzanine y de capital.

Brilon, director financiero y miembro de la junta desde 2021, ha liderado las finanzas corporativas, los registros ante la SEC y el cumplimiento.

La empresa señala que el compromiso de $250 million desbloquea más de $1 billion de capacidad Tier-1 y apoya el avance de 23 proyectos de almacenamiento de energía con baterías que suman 2 GW hacia la construcción y la operación comercial.

Bimergen Energy (OTCQB: BESS)Cole W. JohnsonRobert J. Brilon을 공동 CEO로 임명했습니다. 효력은 2025년 10월 21일부터입니다.

Johnson은 지난해부터 사장 겸 이사회 이사로 재직하며 Bimergen의 배터리 에너지 저장 포트폴리오를 확장하는 데 기여했고 $250 million의 메자닌 및 자본 파이낸싱 확보를 도왔습니다.

Brilon은 2021년부터 CFO이자 이사회 이사로서 기업 재무, SEC 등록 및 준수를 이끌어 왔습니다.

회사는 $250 million 약정이 $1 billion 이상의 Tier-1 용량을 해제하고 총 2 GW의 배터리 에너지 저장 프로젝트를 건설 및 상업 가동으로 나아가도록 지원한다고 밝혔습니다.

Bimergen Energy (OTCQB: BESS) a nommé Cole W. Johnson et Robert J. Brilon comme co-PDG, à effet du 21 octobre 2025.

Johnson, président et administrateur depuis l’année dernière, a contribué à l’élargissement du portefeuille de stockage d’énergie par batteries de Bimergen et à sécuriser $250 million de financement mezzanine et actions.

Brilon, directeur financier et administrateur depuis 2021, a piloté la finance d’entreprise, les enregistrements SEC et la conformité.

L’entreprise indique que l’engagement de $250 million débloque plus d’$1 billion de capacité Tier-1 et soutient l’avancement de 23 projets de stockage d’énergie par batterie totalisant 2 GW vers la construction et l’exploitation commerciale.

Bimergen Energy (OTCQB: BESS) hat Cole W. Johnson und Robert J. Brilon zum Co-CEO ernannt, wirksam ab dem 21. Oktober 2025.

Johnson, Präsident und Vorstandsmitglied seit dem letzten Jahr, hat dazu beigetragen, das Batterie-Energy-Speicherportfolio von Bimergen zu erweitern und geholfen, $250 million an Mezzanine- und Eigenkapitalfinanzierung zu sichern.

Brilon, CFO und Vorstandsmitglied seit 2021, hat die Unternehmensfinanzen, SEC-Registrierungen und Compliance geleitet.

Das Unternehmen sagt, dass das $250 million-Engagement über $1 billion an Tier-1-Kapazität freischaltet und die Fortschritte von 23 Batterie-Energiespeicherprojekten mit insgesamt 2 GW in Richtung Bau und kommerzieller Betrieb unterstützt.

Bimergen Energy (OTCQB: BESS) عيّنت Cole W. Johnson و Robert J. Brilon كمديرين تنفيذيين مشاركين اعتبارًا من 21 أكتوبر 2025.

Johnson، رئيس ومدير المجلس منذ العام الماضي، ساهم في توسيع محفظة التخزين بالطاقة بالبطاريات لشركة Bimergen وساعد في تأمين تمويل ميسانين ورأس مال بقيمة $250 million.

Brilon، المدير المالي وعضو المجلس منذ 2021، قاد التمويل المؤسسي، وتُسجِّل الSEC والامتثال.

وتقول الشركة إن التزام $250 million يفتح أكثر من $1 billion من سعة Tier-1 ويدعم تقدم 23 مشروع تخزين طاقة بطاريات بمجموع 2 GW نحو البناء والتشغيل التجاري.

Bimergen Energy (OTCQB: BESS) 任命 Cole W. JohnsonRobert J. Brilon 为共同首席执行官,自 2025 年 10 月 21 日起生效。

Johnson 自去年起担任总裁兼董事会成员,帮助扩展 Bimergen 的电池能源存储组合,并帮助获得 $250 million 的夹层和股权融资。

Brilon 自 2021 年起担任首席财务官及董事会成员,领导企业金融、SEC 登记及合规。

公司表示,该 $250 million 的承诺将解锁超过 $1 billion 的 Tier-1 容量,并支持推进23个总计 2 GW 的电池能源存储项目进入建造和商业运行阶段。

Positive
  • $250M mezzanine and equity financing committed
  • Unlocks >$1B in Tier-1 capacity for projects
  • 23 projects targeted totaling 2 GW
  • Leadership with combined finance and operations experience
Negative
  • None.

Newport Beach, CA, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Bimergen Energy Corporation [OTCQB: BESS] (“the Company” or “Bimergen”), a developer of utility-scale battery energy storage projects and an independent power provider, announced today the appointments of Cole W. Johnson and Robert J. Brilon to serve as its co-CEOs to lead the organization to the next stage of growth, effective today.

Cole W. Johnson is a highly accomplished executive with nearly two decades of experience in the energy industry. His leadership experience spans multiple sectors, including renewables, transmission, and oil and gas, where he has successfully executed and managed complex development operations. Throughout his career, Mr. Johnson has demonstrated consistent success in corporate finance, project finance, and operational execution, driving growth and profitability across diverse business lines. Since joining Bimergen last year as President and Board Director, he has been instrumental in expanding the Company’s portfolio of battery energy storage projects and securing $250 million in mezzanine and equity financing to advance developments from early stage through construction to commercial operation.

Robert J. Brilon has served as our Chief Financial Officer and Board Director since 2021 playing an instrumental role in the Company’s corporate financial management, capital structure and effectively managing SEC registrations and compliance. With additional background in operations, he has served in CEO, CFO and President capacities in several NASDAQ and NYSE listed companies spanning in several industries involving mostly AI, technology and manufacturing.

“I am honored to take on this responsibility and lead Bimergen alongside Bob into our next phase of growth,” said Cole Johnson, Co-CEO of Bimergen Energy. “We’ve recently secured $250 million in mezzanine and equity financing, unlocking over $1 billion in Tier-1 capacity to finance construction and equipment procurement. Bimergen is positioned for sustainable and scalable growth with strong upside potential. I believe our track record over the past year reflects the culture and drive of our team, and we’re excited for what lies ahead at Bimergen. Bob and I have worked together for the past 18 months, and I’m excited to continue building on that same success moving forward.”

Robert (Bob) Brilon, Chief Financial Officer and Co-CEO of Bimergen Energy commented “We find ourselves at a pivotal juncture for Bimergen, where our seasoned management team is executing our plan to bring 23 battery energy storage system development projects to be 2 Giga Watts of operational energy arbitrage revenues. The pieces to the puzzle are being assembled, with the most difficult piece, $250 million of project equity and mezzanine financing committed we are excited about our future success. I look forward to leading Bimergen with Cole as we are a good team with complimentary executive skill sets. As a team, we understand that besides execution of our operations we will communicate to our shareholders and future shareholders the progress and opportunities that we can capitalize on to enhance shareholder value in the near and long term.”

“In their expanded roles, our co-CEOs, Cole and Bob, offer extensive expertise in business operations and financial strategy within the BESS industry. With a proven history of driving revenue and achieving profitable growth, we are confident that they will foster accelerated and sustainable growth for our business where prudent financial and operational decisions will be crucial for long-term growth,” stated Benjamin Tran, Executive Chairman of Bimergen Energy.

About Bimergen Energy Corporation

Bimergen Energy Corporation [OTCQB: BESS] is a utility-scale Battery Energy Storage System (BESS) asset owner, project developer, and independent power provider focused on capitalizing on the demand for grid reliability and reducing energy price volatility. Bimergen partners with institutional investors to finance, construct, and operate energy storage facilities under long-term offtake agreements that ensure stable, contract-backed revenue. For more information, visit www.bimergen.com.

Cautionary Note Regarding Forward-Looking Statements

This press release may include, and oral statements made from time to time by representatives of the Company may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filing with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s filings with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact:
Dave Gentry
RedChip Companies Inc.
1-407-644-4256 | 1-800-REDCHIP (733-2447)
BESS@redchip.com


FAQ

Who are the new co-CEOs of Bimergen Energy (BESS) and when did they start?

Cole W. Johnson and Robert J. Brilon were appointed co-CEOs effective October 21, 2025.

How much financing has Bimergen (BESS) secured to advance its projects?

Bimergen secured $250 million in mezzanine and equity financing to advance developments.

What project capacity does Bimergen (BESS) plan to develop under the new leadership?

The company is advancing 23 battery energy storage projects totaling 2 GW toward commercial operation.

What does the $250 million financing mean for Bimergen (BESS)'s construction plans?

The company says the financing unlocks over $1 billion in Tier-1 capacity to finance construction and equipment procurement.

What experience do Cole Johnson and Robert Brilon bring to Bimergen (BESS)?

Johnson brings ~two decades in energy development and project finance; Brilon has been CFO since 2021 with experience in SEC compliance and executive roles.

Will Bimergen (BESS) communicate progress to shareholders under the new co-CEOs?

Management said they will communicate project progress and opportunities to current and future shareholders to enhance shareholder value.
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