Brenmiller Energy Ltd. and Baran Energy, a subsidiary of Baran Group Ltd., announced today the signing of a strategic cooperation agreement. This partnership aims to accelerate bGen™ ZERO project development and deployments through sales, acquisitions, and operations of selected projects in Israel.
Baran Energy brings 40 years of engineering excellence and formidable financial backing, with hundreds of infrastructure projects deployed globally. This collaboration will allow Brenmiller to sell certain projects to Baran, benefiting from the engineering firm’s core project capabilities for effective and timely deployment.
The energy sector, including thermal energy storage, is a core pillar of Baran’s long-term growth strategy. This framework agreement positions Baran to make targeted project investments that will drive cost-savings and emissions reduction for global industry, while creating long-term economic value for shareholders.
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