Bimergen Energy : Investor Presentation (May 17, 2026)

Published: 2026-05-17 17:23:04 ET BESS

Published on 05/17/2026 at 05:23 pm EDT

Offtake/Tolling Secured contracted revenue structures providing a revenue

Agreements floor with meaningful upside potential.

Projects

2.0

$250M

Committed

100% Project Financing

Project-level debt & equity covers full CapEx requirements,

minimizing corporate cash commitments.

$250M Capital $50M mezzanine financing + JV with BESS manufacturer

Committed $200M project equity financing from leading energy company

~50% ITC

Agreements

Up to 50% of project CapEx monetized through ITC sales

with offtake partner support.

Key Partnerships

Strategic relationships with tier-one suppliers, EPCs, and

utilities to ensure execution and scalability.

›

Mezzanine

Debt

Subordinated financing layer bridging equity and senior debt

Offtake / Hedge Guarantee

Power Purchase or hedge agreement with creditworthy counterparty

Development Projects

Permanent / Construction Debt

ITC

Monetization Partners

EPC

Relationships

Senior secured debt facility for construction and long-term operations

Investment Tax Credit transfer or direct pay arrangements

Engineering, Procurement & Construction relationships

Geographic Distribution

Project Name

Total MWAC

Location

Region

ITC

Redbird BESS

100

ERCOT

50%

Wildfire BESS

100

ERCOT

50%

Friendship

ERCOT

50%

Ladybird

ERCOT

50%

Longhorn

ERCOT

50%

Pecan

ERCOT

50%

Prickly Pear

ERCOT

50%

Yellow Rose

ERCOT

50%

Bright Light

ERCOT

50%

TPLT 1-10 BESS

100

ERCOT

50%

WR Ranch TX BESS 1

120

ERCOT

50%

TPL EPE

WECC

40%

X-One Solar Ranch 1

100

WECC

40%

Dudden Ranch 1

100

WECC

40%

Aldahra Farm 1

100

WECC

40%

Aldahra Farm 2

100

WECC

40%

BL PJM BESS 1

PJM

40%

BL PJM BESS 2

PJM

40%

Gibbs Ranch BESS 1

120

MISO

40%

Gibbs Ranch BESS 2

120

MISO

40%

TG BESS 1

120

MISO

40%

TG BESS 2

120

MISO

40%

Neighbor BESS 1

120

MISO

40%

Total

1,965

Feasibility Studies

Development Process

RTB

Financing

NTP

Construction

COD

Capacity & Compatibility

Legal Formation

Project Financing

Production Model

Curtailment

Site Control, Surface & Minerals

Tax Credit (ITC)

Preferred Equity

Tax Abatements

Interconnection

Engineering

Power FlowSite Verification & Substation Identification

(project level)

Debt

Environmental, Permitting & Studies

Challenges/Fatal Flaws

(Primary)

Challenges/Fatal Flaws

Project Redbird

Project Wildfire

Project Ladybird

20 Other Projects

RTB = Ready to Build status

NTP = Notice to Proceed status (after engaging with construction company)

COD = Commercial Operation Date 6

Rapid Acceleration in US Power Demand

Growing Share of Intermittent Power Supply

Critical Need for Energy Storage

3.5% CAGR due to Data Centers, EVs & Industrial Automation (1)

Renewables >30% Share of US Power Generation Overtaking Coal in 2025(2)

GWh deployments up 79% in 2024 & 63% in 2025(3) US BESS Market 24% CAGR through 2032(4)

200

($ in billions)

$200

150

100

$25 $30 $37

$48

$61

$74

$84

$105

$127

$157

22 23 24 25P 26P 27P 28P 29P 30P 31P 32P

Secretary of Energy Chris Wright: "Battery storage, when paired with reliable baseload power like coal and natural gas, strengthens our grid against blackouts and cyber threats. We're cutting red tape to deploy more domestic systems that keep America powered 24/7."

White House Fact Sheet on Grid Modernization: "The Trump Administration is investing in resilient infrastructure, including advanced battery energy storage, to protect against extreme weather and ensure affordable, uninterrupted power for American families and businesses."

McKinsey, Apr 2025

Ember Energy, Oct 2025

Mercom, Sep 2025

ICF, Jun 2025 7

Total Load

Low Energy Demand

Peak Energy Demand

Peak Solar Supply

No/Low Solar Supply

Load - Solar

(Duck Curve)

Solar Output

Grid Instability

Higher Costs

Curtailment / Wasted Energy

Energy Arbitrage:

Capture surplus power at peak-production hours Discharge power at peak-demand hours

Power Distribution

Power Generation

Discharge

Imports

Solar

Wind

Hydro Nuclear

Batteries

Charge

Natural Gas

Batteries

Off-Peak Hours

BESS Power Plant

…

Tolling Agreements

$0.02 -

$0.07/kWh*

Energy Arbitrage

$0.10 -

$1.50/kWh*

12 AM

6 AM 12 PM 6 PM 12 AM

*Management Estimates

Tier-1 Integrator & Development Capital Partner

3.5+ GWh deployed; proprietary EMS/LFP and advanced control software

20 GWh/yr manufacturing capacity for delivery certainty and margin efficiency

$10M immediate funding + up to $50M through cash, vendor financing & guarantees

Enhances execution flexibility and supports long-term U.S. leadership

Joint Venture & Capital Provider

JV to co-develop 1,000 MW of storage (2025-2026)

$10M initial equity, expandable to $200M

Proportional ownership and joint governance structure

Drives large-scale ERCOT development

Tier-one systems & EMS platforms reduce execution risk, ensure on-time, cost-efficient delivery, & accelerate CODs

Domestic Zinc Storage Technology

One of only four U.S. Tier-1 suppliers

100% depth of discharge, no thermal runaway, 5+ GWh deployed

IRA-compliant U.S. manufacturing ensures supply independence

$18.8B pipeline / $672M backlog across ERCOT, PJM & WECC

OEM partnerships provide multi-GWh, IRA-compliant scale & supply-chain security, ensuring delivery certainty & margin efficiency.

Volkswagen-Backed Global Manufacturer

Tier-1 global ESS producer with 20+ GWh annual capacity (3.5% market share)

U.S. footprint: Fremont ESS (1 GWh/yr)

+ Illinois Gigafactory (65 GWh/yr, 2,600 jobs)

Preferred pricing and access via Cox partnership

Produces both LFP and NCM chemistries

Advanced LFP, zinc, and NCM chemistries enhances performance, safety, & flexibility, enabling faster CODs & superior asset value.

Strategic equity, vendor financing, & JV capital expand pipeline, & accelerate deployment

Power Generation Transmission

Wholesale

Distribution

Tenaska monitors prices & advises to charge at off-peak prices

Bimergen discharges high-price power into the grid

Goldman buys power Wholesale & resells at market price for profit

Bimergen charges BESS with low-cost energy from grid

Tenaska advises to discharge at peak prices.

Goldman guarantees floor payment & splits upside revenue

Revenue Sources

Frequency Regulation

Contingency Reserve Service

Non-spinning Reserve Service

Regulation Services (up & down)

Agreement Structure

Institutional energy traders manage daily operations & energy trading

Guaranteed minimum annual revenue ("floor payment")

Shared upside potential on revenues above floor payment

Benefits

Stable, predictable revenue + upside

Long-term revenue security

Enables bankability & access to capital

Total Project Capital

$125 Million

Project Financing

Up to $125 Million

Tax Credits (ITCs)

Up to $62.5 Million

10%

20%

$125M

Project Capital

68%

Key Project Stats

Project Financing: Up to $125M*

Tax Credits: Up to 50% of Capex (1)

Secured Tax Equity: Up to $62.5M (2)

Calculation ITC is based on current understanding of the Inflation Reduction Act and project level compliance.

ITCs shall be similarly applied to several upcoming projects in our

$85M

$25M $12M

$3M

pipeline.

* Management Estimates

Equipment: Cost of Batteries, Inverters and related equipment Install: Labor and Construction for System Setup Closing: Interest, Financing and Closing Fees

$20 Million Annual Average Potential Revenue*

$/MW

11 12

Avg. Battery Pack Cost ($/kWh)

Milestone: Payments tied to project progress milestones

Clay Johnson

VP Business Dev.

15 years of extensive experience in the energy sector with a strong focus in solar and energy storage. Seasoned business executive of Bridgelink

companies

operations, investment project Successfully

with

proven

financing, and

experience

development.

negotiated and

structured numerous high-value contracts to drive significant

growth and profits, working closely with leading IPPs and operators.

Structured Energy Financing

Energy Project Development

Energy Markets & Power Trading

Industry Relationships

Tony Spain

Operations Manager

20 years of experience in operations and project management, with over

$300MM in projects delivered. Started in oil and gas with clients such as Enable, XTO, and Conoco, before transitioning into solar and BESS renewables. Expertise includes managing budgets, optimizing workflows, and implementing financial models, driving cost savings and efficiency across industries..

Jimmy Harter

VP Finance

Over 10 years of experience in the energy sector with executive level roles in finance and data science. Contract roles in finance and data science with high-tech companies such as Red Angle, Boeing, Tech Providers, and TEKsystems. Adjunct professor of mathematics, statistics, and data science at various colleges and universities. BBA Finance, BA Applied Mathematics, MS Data Analytics/Statistics

Bob Brilon

Co-CEO, CFO, and

Director

30+ years of proven leadership and experience as a Financial Executive. Successfully held CEO or CFO positions at Iveda (NASDAQ: IVDA), InPlay

Technologies (NASDAQ: NPLA), Rental Service Corp (NYSE: RRR), Go-Video

(AMEX: VCR), DuraSwitch (NASDAQ: DSWT), Brainstate Technologies, and MD Helicopters. Extensive auditing and tax experience with leading

'Big Four' CPA firms.

Cole Johnson

Co-CEO, President, and Director

20 years of experience in

the Energy sector with focus in solar and energy storage. Former CEO of Bridgelink companies involving in operations in EPC, energy

trading and project development. Multiple exits from FO investment in infrastructure energy

projects Completed over

$500M worth of transactions growing renewable portfolio from scratch to over $150 M in annual revenue.

Benjamin Tran

Executive Chairman

Serial entrepreneur and investor in the energy and technology sectors. Specialties include M&A, IPO advisory, venture capital, digital marketing, merchant banking, technology management, and technical marketing. Proven Silicon Valley tech veteran with a track record of scaling companies from startup to exit. Currently Managing Partner of CleanTek VC and United System Capital. Holds advanced degrees including PhD, MBA, MSEE, and BSEE.

As of 3/31/2026

Total Cash and Current Assets

Offering Proceeds 2/23/26:$13.6M

$11 million

Total Assets

$35 million

Accounts Payable Debt

$0.4 million

None

Deferred revenue

$4.7 million

Stockholders' Equity

$30 million

Post-Offering as of 3/31/2026

Common Shares Outstanding Pre-funded Warrants

Tradeable Warrants ($5.00) Options (WAEP: $4.53)

7.1 million

.3 million

3.6 million

1.4 million

23 BESS Projects

Portfolio of projects totaling ~2.0 GW

Tolling & Hedge Agreements

Stable contracts guaranteeing minimum revenue floor + upside potential

Project Financing &

ITC Monetization

Development fully funded by project-level debt financing

Pre-sold Tax Credits expedite monetization of projects

$250M Strategic

Capital Committed

$250M in capital commitments, including $10M initially funded, from leading strategic partners to expedite development & construction

Key Relationships

Partnerships with equipment suppliers, EPCs (for engineering, purchasing, & construction), utilities, battery operators, & offtakers

Agreements with project financers & tax credit purchasers

Market Tailwinds

Rapid growth in energy demand from AI data centers has led to grid instability

Thank You

Bimergen Energy Corporation

895 Dove Street Newport Beach, California Field Office: Fort Worth, TX

[email protected] https://www.bimergen.com

Main Contacts

Bob Brilon, Co-CEO (Office in Scottsdale, AZ) [email protected]

Cole Johnson, Co-CEO

Benjamin Tran, Executive Chairman

Disclaimer

Bimergen Energy Corporation published this content on May 17, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 17, 2026 at 21:22 UTC.