Energy Vault gains after announcing 850 MW battery storage acquisition in Japan

Energy Vault Holdings

09/04/2026 13:59

**  Shares of energy storage solutions company Energy Vault NRGV.N gain ~3% to $3.28 premarket

** NRGV says it will acquire 850 megawatts (MW) of battery energy storage system (BESS) from a leading domestic energy storage developer in Japan

** Deal includes 350 MW of advanced-stage BESS projects that will begin construction in second half of 2027 and reach commercial operations in the second half of 2028, and 500 MW of early-stage projects

** Including session's move, stock down 30.8% YTD

 (Reporting by Pranav Mathur in Bengaluru)

 ((Pranav.Mathur@thomsonreuters.com;))