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Energy Vault secures $50m for energy storage development
Yahoo Finance·2025-09-29 08:47

Energy Vault Holdings has signed a funding agreement with YA II PN for up to $50m in corporate debenture financing. The agreement will provide Energy Vault with additional capital flexibility to support its energy storage development and execution activities. The company’s expanding portfolio includes operating assets in the US states of Texas and California, the recently acquired 1 gigawatt hour Stoney Creek project in Australia, and a 3GW global pipeline of battery energy storage systems across the US, ...