Bimergen at Water Tower Research Virtual Insights Conference: pipeline push

On September 23, 2026, Bimergen Energy Corporation (BESS) utilized the Water Tower Research Virtual Insights Conference to present a growth strategy centered around battery storage development, joint ventures, and project financing. The company highlighted a pipeline of approximately 2 gigawatts of storage projects, which could potentially generate $400 million in annual revenue, assuming $20 million in revenue per 100 megawatts.

BIMERGEN'S MODEL

BIMERGEN ADOPTED A CAPITAL-LIGHT APPROACH, USING JOINT VENTURES, STRATEGIC DEBT, AND TAX EQUITY INSTEAD OF LARGE DIRECT CASH OUTLAY. THEY HIGHLIGHTED THE REDBIRD PROJECT AND AGGREKO TEXAS PROJECTS AS EXAMPLES OF THEIR STRATEGY TO EARN DEVELOPMENT FEES AND RETAIN EQUITY STAKES. THEIR UPSETTING TO NYSE AMERICAN IN 2024 IS SAID TO HAVE IMPROVED THEIR CREDIBILITY AND ATTRACTED DEVELOPERS AND INSTITUTIONAL PARTNERS.

GROWING POWER DEMAND

MANAGEMENT POINTED TO RISING POWER DEMAND FROM AI DATA CENTERS AND THE NEED FOR GRID BALANCING AS LONG-TERM SUPPORT FOR BATTERY STORAGE. THE CONVERSATION DID NOT INCLUDE ANY QUARTERLY EARNINGS, BUT THE COMPANY OFFERED A DETAILED REVENUE FRAMEWORK FOR THEIR BUSINESS, INDICATING ABOUT $400 MILLION IN ANNUAL REVENUE FROM THEIR PIPELINE.

PROJECTS IN DEVELOPMENT

BIMERGEN HAS APPROXIMATELY 2 GIGAWATTS OF BATTERY STORAGE PROJECTS IN DEVELOPMENT, SPREAD ACROSS ABOUT 30 PROJECTS IN SEVERAL U.S. ISO REGIONS. EACH PROJECT IS STRUCTURED AS A SEPARATE NON-RECOURSE FINANCIAL SILICO, MEANING DEBT AND ASSETS MAINLY REMAIN OFF THEIR CORPORATE BALANCE SHEET UNTIL THE PROJECT BECOMES OPERATIONAL AND IS FULLY CONSOLIDATED. THEY HIGHLIGHTED THE "TEXAS TENs" PROJECTS, 80 MEGAWATTS OF SMALLER PROJECTS ACQUIRED FROM AGGREKO, WHICH ARE SPREAD OUT IN AREAS OUTSIDE TEXAS CITIES.