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Brenmiller and Rock Energy Storage Sign Exclusive Distribution Agreement Covering Northeast U.S.

ROSH HA’AYIN, Israel–(BUSINESS WIRE)–Brenmiller Energy Ltd. (“Brenmiller”, “Brenmiller Energy” or the “Company”) (Nasdaq: BNRG), a leading global provider of thermal energy storage (“TES”) solutions to industrial and utility markets, today announced that it has signed an exclusive distribution agreement with Rock Energy Storage, LLC (“RES”) to sell and distribute its bGen™ TES systems in Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont, and New York. The definitive 5-year agreement includes cumulative projected sales milestones exceeding $150 million.

Rock Energy Storage is a privately held company based in New York. It is focused exclusively on taking advantage of the sizable TES storage opportunity in the United States by distributing, installing, and servicing Brenmiller’s bGen™ TES solutions throughout the Northeast. RSP Systems will act as Rock Energy Storage’s lead subcontractor. Brenmiller had previously announced on January 11, 2024 that it had signed a Memorandum of Understanding with RSP Systems; the current agreement with RES supersedes the previous agreement and is a natural evolution of the companies’ successful collaboration.

 

About Rock Energy Storage

Rock Energy Storage is an LLC, founded un 2024 and incorporated in the state of New York. Rock’s corporate HQ is in the Bronx, NY. Rock is an organic green shoot company created to specifically serve and develop the Thermal Energy Storage (TES), decarbonization and electrification markets in North America. Rock has the licensing rights to sell, assemble and service the Brenmiller thermal energy storage systems domestically. Using their patented bGen system, the Brenmiller TES system is the industry-leading product in the emerging TES marketplace.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20240606637013/en/Brenmiller-and-Rock-Energy-Storage-Sign-Exclusive-Distribution-Agreement-Covering-Northeast-U.S

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