Brief: Energy Vault Announces Acquisition of 150 MW Battery Energy Storage Project in Texas Under New Asset Vault Platform
23/10/2025 13:48
Oct 23 (Reuters) - Energy Vault Holdings Inc NRGV.N: ENERGY VAULT ANNOUNCES ACQUISITION OF 150 MW BATTERY ENERGY STORAGE PROJECT IN TEXAS UNDER NEW ASSET VAULT PLATFORM ENERGY VAULT HOLDINGS INC - CONSTRUCTION TO BEGIN IN Q4 2025, OPERATION IN Q1 2027 ENERGY VAULT HOLDINGS INC - PROJECT EXPECTED TO DELIVER $17-$20 MILLION IN ANNUAL REVENUES OVER TECHNICAL LIFE OF PROJECT, OR ~ $350 MILLION+ IN TOTAL Source text: ID:nBw7fncwYa Further company coverage: NRGV.N ((Reuters.Briefs@thomsonreuters.com;))
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