Newport Beach, CA, Oct. 26, 2026 (GLOBE NEWSWIRE) — Bimergen Energy Corporation (NYSE American: BESS), a developer, owner, and operator of utility-scale and distributed battery energy storage systems, today announced that its wholly owned subsidiary, Emergen Commodities LLC, has filed an application with the Public Utility Commission of Texas (PUCT) for an Option 2 Retail Electric Provider (REP) certificate. The application represents a step toward adding retail electricity capabilities to Bimergen’s energy infrastructure business. Subject to regulatory approval and applicable market requirements, the certification would enable Bimergen, through Emergen Commodities, to supply electricity directly to qualifying data center customers in Texas.
“Pursuing retail electric provider certification is a step toward broadening Bimergen’s capabilities in the Texas energy market,” said Cole Johnson, Co-CEO of Bimergen Energy. “The substantial electricity requirements of large data centers present a compelling commercial opportunity. By building on our energy infrastructure expertise and adding retail electricity supply capabilities, we believe we can position Bimergen to participate in this growing market and create additional opportunities for long-term value.”
Supplying electricity to large data center customers could generate substantial revenue for Emergen Commodities and its parent company, Bimergen Energy. The significant and ongoing electricity requirements of these facilities present an opportunity to establish recurring revenue streams through customer supply agreements.
Texas’ Option 2 certification provides a pathway to serve specifically identified customers contracting for at least one megawatt of capacity. Subject to regulatory approval and applicable market requirements, the certification would establish a foundation for Emergen Commodities to participate in this segment of the Texas retail electricity market.
In parallel with the regulatory process, Bimergen is working with multiple counterparties to provide credit support for large data center loads. These efforts are intended to support the electricity supply arrangements needed to serve customers with substantial power requirements and advance Bimergen’s proposed retail electricity business.
Bimergen’s broader strategy focuses on advancing battery energy storage projects through development, technology partnerships, and collaboration with capital providers. The proposed retail electricity capability would complement that strategy by expanding the ways Bimergen participates in the energy market and connects its infrastructure expertise with electricity needs.
“We are focused on translating this opportunity into a commercially viable business that can contribute meaningfully to Bimergen’s long-term growth,” said Bob Brilon, Co-CEO of Bimergen Energy. “Our work to establish the necessary credit support and advance the regulatory process reflects a disciplined approach to entering this market. We see the potential for substantial revenue from serving large electricity customers while continuing to advance our core battery energy storage business.”
Emergen Commodities filed its application with the Public Utility Commission of Texas (PUCT) on October 5, 2026, under Docket No. 60368. The application is currently under regulatory review and remains subject to PUCT approval.
About Bimergen Energy Corporation
Bimergen Energy Corporation (NYSE American: BESS) is a U.S.-based energy infrastructure developer, asset owner, and operator focused on utility-scale and distributed battery energy storage systems (BESS). The Company develops projects designed to enhance grid reliability, support renewable energy integration, and provide flexible energy solutions across key U.S. power markets. Bimergen works with technology providers and capital partners to advance projects through development, construction, and long-term operation. For more information about Bimergen Energy, please visit www.bimergen.com.
Commercial & Industrial Electricity Inquiries
Bimergen Energy welcomes inquiries from data center operators, commercial and industrial (C&I) businesses, and other large electricity consumers in Texas interested in exploring electricity pricing and long-term power supply opportunities.
To discuss potential electricity pricing and supply arrangements, please contact:
Email:
[email protected]
Website:
www.bimergen.com
Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding the proposed retail electricity business, anticipated benefits of REP certification, the potential to supply electricity directly to data center customers, efforts to arrange credit support for large data center loads, potential substantial and recurring revenue, market participation, business expansion, and long-term value creation. These statements reflect current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially.
These risks include the timing and outcome of regulatory review, satisfaction of certification and market participation requirements, the ability to establish commercially viable customer and supplier arrangements, the ability to secure sufficient credit support for large data center loads, the timing and scale of customer electricity demand, electricity price volatility, financing availability, project execution, and other risks described in the Company’s Annual Report on Form 10-K and subsequent filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of this announcement. Bimergen Energy Corporation undertakes no obligation to update these statements except as required by applicable law.
Media Contact:
Dave Gentry
RedChip Companies Inc.
1-407-644-4256 | 1-800-REDCHIP (733-2447)
[email protected]
