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 February 2024
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
On February 1, 2024, Brenmiller
Energy Ltd. (the “Company”), issued a press release titled “Brenmiller Signs Definitive Agreement to Supply Wolfson
Hospital with Clean Electric Heat in $3.55 Million Project”, a copy of which is furnished as Exhibit 99.1 to this Report of Foreign
Private Issuer on Form 6-K (this “Report”).
The first, second, third,
and sixth paragraphs and the section titled “Forward-Looking Statements” of the press release attached as Exhibit 99.1 to
this Report are incorporated by reference into the Company’s Registration Statements on Form F-3 (File Nos. 333-272377 and 333-273028)
and Form S-8 (File No. 333-272266), 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Report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.
EXHIBIT INDEX
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.
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Brenmiller
Energy Ltd. |
|
|
Date:
February 1, 2024 |
By: |
/s/
Ofir Zimmerman |
|
|
Name: |
Ofir Zimmerman |
|
|
Title: |
Chief Financial Officer |
2
Exhibit 99.1
Brenmiller Signs Definitive Agreement to Supply
Wolfson Hospital
with Clean Electric Heat in $3.55 Million Project
| ● | bGen™ ZERO to save Wolfson Hospital up to US$1.3 million annually and reduce the hospital’s local carbon footprint
by 3,900 tons per year |
| ● | Project benefits from up- to $450,000 grant from Israel Innovation Authority |
Rosh Ha’ayin, Israel, February 1,
2024 – 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 Wolfson Hospital’s old diesel boilers
that are both costly and polluting. According to the Israeli Ministry of Finance’s estimates, electric heat provided via Brenmiller’s
bGen™ ZERO TES system has the potential to save Wolfson Hospital up to US$1.3 million annually and reduce the hospital’s local
carbon footprint by 3,900 tons per year.
“With our breakthrough bGen™ ZERO technology, we will provide
Wolfson Hospital with a cleaner source of electricity at a lower price than its legacy systems. Our sustainable power infrastructure will
benefit all hospital stakeholders, from patients and doctors to administrators, government, and local communities,” stated Brenmiller’s
Chairman and CEO, Avi Brenmiller. “This is just the beginning of wide-scale TES adoption, which we believe will become the standard
in clean energy storage for industrial and municipal facilities worldwide.”
“The project is expected to drive reduction in our fuel oil consumption
to nearly zero,” said Gadi Davidovitz, Chief Engineer at Wolfson Hospital. “It will significantly reduce emissions generated
by the hospital while saving on energy costs.”
bGen™, Brenmiller’s TES system, converts electricity into
heat to power sustainable industrial processes at a price that is competitive with natural gas. The bGen™ charges by capturing low-cost
electricity from renewables or the grid and stores it in crushed rocks. It then discharges steam, hot water or hot air on demand according
to customer requirements. The bGen™ also supports the development of utility-scale renewables by providing critical flexibility
and grid-balancing capabilities. bGen™ was named among TIME’s Best Inventions of 2023 in the Green Energy category.
About Brenmiller Energy Ltd.
Brenmiller Energy delivers scalable thermal energy storage solutions
and services that allow customers to cost-effectively decarbonize their operations. Its patented bGen™ thermal storage technology
enables the use of renewable energy resources, as well as waste heat, to heat crushed rocks to very high temperatures. They can then store
this heat for minutes, hours, or even days before using it for industrial and power generation processes. With bGen™, organizations
have a way to use electricity, biomass and waste heat to generate the clean steam, hot water and hot air they need to mold plastic, process
food and beverages, produce paper, manufacture chemicals and pharmaceuticals or drive steam turbines without burning fossil fuels. For
more information visit the company’s website at https://bren-energy.com/ and follow the company on X (formerly Twitter) and LinkedIn.
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 in this press release when it discusses: that the bGen™ ZERO at Wolfson Hospital will generate
recurring revenues for Brenmiller over the course of the seven-year project; that the bGen™ ZERO has the potential to save Wolfson
Hospital up to US$1.3 million annually and reduce its carbon footprint by 3,900 tons per year; that the Company’s sustainable power
infrastructure will benefit all hospital stakeholders, from patients and doctors to administrators, government, and local communities;
the Company’s belief that TES will become the standard in clean energy storage for industrial and municipal facilities worldwide;
and that the project is expected to drive reduction in Wolfson Hospital’s fuel oil consumption to nearly zero. 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 our 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, 2022 filed with the SEC on
March 21, 2023, 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.
Media Contact:
Tori Bentkover
brenmillerenergy@antennagroup.com
Brenmiller Energy (NASDAQ:BNRG)
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