Bimergen Energy Appoints Cole Johnson and Robert Brilon to be Co-CEOs

Bimergen Energy Corp., a developer of utility-scale battery energy storage projects and an independent power provider, announced today the appointments of Cole W. Johnson and Robert J. Brilon to serve as its co-CEOs to lead the organization to the next stage of growth, effective today.

Cole W. Johnson is a highly accomplished executive with nearly two decades of experience in the energy industry. His leadership experience spans multiple sectors, including renewables, transmission, and oil and gas, where he has successfully executed and managed complex development operations. Throughout his career, Mr. Johnson has demonstrated consistent success in corporate finance, project finance, and operational execution, driving growth and profitability across diverse business lines. Since joining Bimergen last year as President and Board Director, he has been instrumental in expanding the Company’s portfolio of battery energy storage projects and securing $250 million in mezzanine and equity financing to advance developments from early stage through construction to commercial operation.

Robert J. Brilon has served as our Chief Financial Officer and Board Director since 2021 playing an instrumental role in the Company’s corporate financial management, capital structure and effectively managing SEC registrations and compliance. With additional background in operations, he has served in CEO, CFO and President capacities in several NASDAQ and NYSE listed companies spanning in several industries involving mostly AI, technology and manufacturing.

“I am honored to take on this responsibility and lead Bimergen alongside Bob into our next phase of growth,” said Cole Johnson, Co-CEO of Bimergen Energy. “We’ve recently secured $250 million in mezzanine and equity financing, unlocking over $1 billion in Tier-1 capacity to finance construction and equipment procurement. Bimergen is positioned for sustainable and scalable growth with strong upside potential. I believe our track record over the past year reflects the culture and drive of our team, and we’re excited for what lies ahead at Bimergen. Bob and I have worked together for the past 18 months, and I’m excited to continue building on that same success moving forward.”

Robert (Bob) Brilon, Chief Financial Officer and Co-CEO of Bimergen Energy commented “We find ourselves at a pivotal juncture for Bimergen, where our seasoned management team is executing our plan to bring 23 battery energy storage system development projects to be 2 Giga Watts of operational energy arbitrage revenues. The pieces to the puzzle are being assembled, with the most difficult piece, $250 million of project equity and mezzanine financing committed we are excited about our future success. I look forward to leading Bimergen with Cole as we are a good team with complimentary executive skill sets. As a team, we understand that besides execution of our operations we will communicate to our shareholders and future shareholders the progress and opportunities that we can capitalize on to enhance shareholder value in the near and long term.”

“In their expanded roles, our co-CEOs, Cole and Bob, offer extensive expertise in business operations and financial strategy within the BESS industry. With a proven history of driving revenue and achieving profitable growth, we are confident that they will foster accelerated and sustainable growth for our business where prudent financial and operational decisions will be crucial for long-term growth,” stated Benjamin Tran, Executive Chairman of Bimergen Energy.

About Bimergen Energy Corporation
Bimergen Energy Corporation [OTCQB: BESS] is a utility-scale Battery Energy Storage System (BESS) asset owner, project developer, and independent power provider focused on capitalizing on the demand for grid reliability and reducing energy price volatility. Bimergen partners with institutional investors to finance, construct, and operate energy storage facilities under long-term offtake agreements that ensure stable, contract-backed revenue. For more information, visit www.bimergen.com.