Energy Vault gains on acquiring and developing SOSA Energy Center in Texas

NANO Nuclear Energy

23/10/2025 15:08

Updates

** Shares of energy storage solutions firm Energy Vault Holdings NRGV.N rise 4.5% to $3.51

** 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

** Including session's moves, shares are up 53.3% YTD

 (Reporting by Katha Kalia in Bengaluru)

 ((Katha.Kalia@thomsonreuters.com))