Brenmiller Energy Ltd Ordinary Shares (NASDAQ:BNRG) shares are down during Friday’s session as the company announced a waiver from the European Investment Bank (EIB) regarding an upcoming loan payment.
Stock Drops After EIB Loan Payment Waiver
This news comes as the EIB has agreed to defer a loan payment of approximately 1.7 million euros due on July 28, 2026, with the waiver remaining in effect through September 15, 2026.
It will allow Brenmiller to strengthen its balance sheet and pursue a settlement aimed at reducing its debt.
This development is expected to enhance the company’s financial flexibility as it advances its BrenX growth strategy.
