Energy Vault gains on acquiring and developing SOSA Energy Center in Texas
23/10/2025 14:03
** Shares of energy storage solutions firm Energy Vault Holdings NRGV.N rise 5.7% to $3.51 premarket ** Company acquires and plans to develop SOSA Energy Center, a 150 MW/300 MWh battery energy storage system in Madison County, Texas ** Company expects to receive Notice to Proceed in Q4 2025, with commercial operation expected in Q1 2027 ** NRGV to begin on-site construction in Q4 2025 ** As of last close, shares are up 45.6% YTD (Reporting by Katha Kalia in Bengaluru) ((Katha.Kalia@thomsonreuters.com))
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