Flagship Tempo boiler replacement completed by Brenmiller Energy (NASDAQ: BNRG)
Rhea-AI Filing Summary
Brenmiller Energy reports that it has completed construction of its flagship Tempo industrial heat project for Tempo Beverages and begun start-up and commissioning of a 32 MWh bGen thermal energy storage system. The installation is designed to fully replace the site’s fossil fuel boilers for steam production once operational validation is achieved, and is expected to eliminate about 6,200 tons of CO2 per year.
The company describes Tempo as its first large commercial-scale boiler replacement project and a key reference within its 360BNRG strategy, potentially supporting future asset ownership, long-term operating frameworks and additional recurring revenue streams, subject to project specifics and market conditions.
The filing also updates capital structure details tied to a prior financing agreement with Alpha Capital Anstalt. Between December 22, 2025 and February 11, 2026, 3,262 preferred shares were converted into 944,481 ordinary shares. As of this report, Brenmiller has 1,496,311 ordinary shares and 3,538 preferred shares issued and outstanding.
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Insights
Flagship TES project moves into commissioning, with modest capital structure changes.
Brenmiller Energy highlights completion of construction and start-up of its Tempo project, a 32 MWh thermal energy storage system meant to replace all fossil-fuel boiler steam at an operating industrial site. This is framed as its first commercial-scale boiler replacement and a core 360BNRG reference asset.
The project is also positioned to support future recurring revenue opportunities and flexible commercial structures, but specific revenue or contract terms are not disclosed here. The excerpt notes expected annual avoidance of about 6,200 tons of CO2, underscoring the decarbonization angle rather than immediate financial impact.
On the equity side, the update quantifies conversions under the Alpha Capital Anstalt financing: 3,262 preferred shares became 944,481 ordinary shares, with 1,496,311 ordinary and 3,538 preferred shares outstanding as of this report. Actual valuation impact will depend on later financial disclosures and project performance.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the month of March 2026
Commission File Number: 001-41402
BRENMILLER ENERGY LTD.
(Translation of registrant’s name into English)
13 Amal St. 4th Floor, Park Afek
Rosh Haayin, 4809249 Israel
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
CONTENTS
Press Release
On March 2, 2026, Brenmiller Energy Ltd. (the “Company”) issued a press release titled “Brenmiller Energy Completes Construction of its First Commercial Scale Boiler Replacement Project, Advancing 360BNRG Strategy”, a copy of which is included as Exhibit 99.1 to this Report of Foreign Private Issuer on Form 6-K (the “Report”) and is incorporated by reference herein.
Outstanding Share Capital
As previously reported by the Company, on July 25, 2025 the Company entered into a securities purchase agreement (the “SPA”) with Alpha Capital Anstalt (“Alpha”) pursuant to which the Company agreed to issue and sell to Alpha, subject to certain conditions, up to an aggregate of $25 million in securities across multiple tranches, consisting of preferred shares, pre-funded warrants, and ordinary warrants. On September 29, 2025, December 3, 2025, December 30, 2025 and February 13, 2026, the Company issued convertible preferred shares to Alpha. From December 22, 2025 to February 11, 2026, Alpha submitted to the Company various notices of conversion, for an aggregate of 3,262 preferred shares that were converted into 944,481 ordinary shares. As of the date of this Report, the Company has 1,496,311 ordinary shares issued and outstanding and 3,538 preferred shares issued and outstanding.
The first, second, third and fifth paragraphs and the section titled “Forward-Looking Statements” of the press release attached as Exhibit 99.1 to this Report as well as the information set forth under the heading “Outstanding Share Capital” in this Report are incorporated by reference into the Company’s Registration Statements on Form F-3 (File Nos. 333-289219, 333-283874, 333-272377, 333-273028, 333-290642, 333-292634 and 333-293660) and Form S-8 (File Nos. 333-272266, 333-278602, 333-284377 and 333-290040), filed with the Securities and Exchange Commission, to be a part thereof from the date on which this Report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.
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EXHIBIT INDEX
| Exhibit No. | ||
| 99.1 | Press release issued by Brenmiller Energy Ltd. dated March 2, 2026, titled “Brenmiller Energy Completes Construction of its First Commercial Scale Boiler Replacement Project, Advancing 360BNRG Strategy”. |
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Brenmiller Energy Ltd. | |||
| Date: March 2, 2026 | By: | /s/ Ofir Zimmerman | |
| Name: | Ofir Zimmerman | ||
| Title: | Chief Financial Officer | ||
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Exhibit 99.1
PRESS RELEASE
Brenmiller Energy Completes Construction of its First Commercial Scale Boiler Replacement Project, Advancing 360BNRG Strategy
Tel Aviv, Israel – March 2, 2026 – Brenmiller Energy Ltd. (NASDAQ: BNRG) (the “Company”, “Brenmiller” or “Brenmiller Energy”), a global provider of thermal energy storage (“TES”) solutions for industrial decarbonization, today announced the completion of construction of its flagship project for Tempo Beverages Ltd. (“Tempo”), and the initiation of start-up and commissioning of the 32 MWh bGen TES system.
Tempo represents a major commercial milestone for Brenmiller, marking the Company’s first large scale industrial TES deployment designed to fully replace 100% of on-site fossil boiler-based steam production. Upon achieving successful commissioning and operational validation, the system is intended to enable the phased elimination of the site’s existing fossil fuel boilers as the primary source of steam generation.
With the completion of the mechanical and electrical installation of the 32MWh bGen TES system and the integration with the facility’s steam network, the project is now beginning system charging, functional validation, steam output testing and operational optimization to verify readiness for full scale operation.
Avi Brenmiller, Chairman and Chief Executive Officer of Brenmiller Energy, commented: “Tempo is designed to fully replace fossil fuel boilers as the primary steam source at an operating industrial facility. Replacing 100% of boiler capacity requires a different level of performance and accountability than supplementing it. Start-up and commissioning are about proving reliability and operational consistency under real industrial conditions. This is what enables scale.”
Tempo also serves as a strategic reference project within Brenmiller’s 360BNRG framework. The Company’s bGen™ technology, when integrated with renewable generation and energy optimization capabilities, enables a range of potential commercial structures, including the evaluation of opportunities to participate in asset ownership or long-term operating frameworks. This integrated approach is designed to provide comprehensive customer solutions, enhance financial structuring flexibility, and support the development of potential additional recurring revenue streams, subject to project specific considerations and market conditions.
About the Tempo Project
The Tempo Project is Brenmiller’s flagship industrial deployment and a major milestone in the Company’s transition from technology development to scaled commercial execution.
The project includes a 32-megawatt hour TES installation engineered to supply continuous industrial process steam and fully replace 100% of the site’s fossil fuel boiler-based heat production following validation. The system is expected to eliminate approximately 6,200 tons of CO2 annually.
Tempo represents the culmination of more than 15 years of technology development and is intended to serve as a full-scale industrial reference site and a validated template for repeatable global deployment of Brenmiller’s TES solutions.
About Brenmiller Energy
Brenmiller Energy (NASDAQ:BNRG) provides TES solutions that enable industrial and utility customers to decarbonize heat, improve energy flexibility, and integrate renewable electricity. The Company's bGen™ systems convert electricity into dispatchable industrial heat, supporting electrification and emissions reduction across a range of applications.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Statements that are not statements of historical fact may be deemed to be forward-looking statements. For example, the Company is using forward-looking statements when discussing: the start-up and commissioning of the Tempo project, expected performance and operational validation, the timing and ability to replace fossil fuel boilers, expected emissions reductions, the Tempo project supporting the Company’s transition towards recurring revenue generation, the Company’s strategy and plans, including the 360BNRG strategy, that bGen™ technology may enable various commercial structures, and the Company’s future potential additional recurring revenue streams. Without limiting the generality of the foregoing, words such as “plan,” “project,” “potential,” “seek,” “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “could,” “estimate” or “continue” are intended to identify forward-looking statements. Readers are cautioned that certain important factors may affect the Company’s actual results and could cause such results to differ materially from any forward-looking statements that may be made in this press release. Factors that may affect the Company’s results include, but are not limited to: the Company’s planned level of revenues and capital expenditures; risks associated with the adequacy of existing cash resources; the demand for and market acceptance of the Company’s products; impact of competitive products and prices; product development, commercialization or technological difficulties; the success or failure of negotiations; trade, legal, social and economic risks; and political, economic and military instability in the Middle East, specifically in Israel. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s Annual Report on Form 20-F for the year ended December 31, 2024 filed with the U.S. Securities and Exchange Commission (“SEC”) on March 4, 2025, which is available on the SEC’s website, www.sec.gov. 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: investors@bren-energy.com
FAQ
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Filing Exhibits & Attachments
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