Energy Vault Holdings, Inc.
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Robert Piconi
- Full Time Employees
- 142
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Address
- 4165 East Thousand Oaks Boulevard Westlake Village CA United States of America 91362
- IPO Date
- Mar 29, 2021
- CIK
- 0001828536
- Website
- energyvault.com
- Similar Companies
- Business
- Energy Vault Holdings, Inc. develops, deploys, and operates utility-scale energy storage solutions designed to transform sustainable energy storage worldwide. The company offers a diversified portfolio of proprietary energy storage technologies including gravity-based products such as G-VAULT™ and EVx™, lithium-ion battery systems like B-VAULT™ and B-Nest™, hybrid and green hydrogen storage solutions under H-VAULT™, and advanced software platforms such as VaultOS™ for real-time energy management, Vault-Bidder™ for revenue optimization, and Vault-Manager™ for asset performance analytics. These products cater to utilities, independent power producers, and large industrial customers, delivering customized short, long, and ultra-long-duration storage solutions primarily across the United States, Australia, and Europe. Founded in 2020 and headquartered in Westlake Village, California, Energy Vault integrates its hardware technologies with a technology-agnostic energy management system to optimize dispatch and enhance grid reliability. Recent major company developments include the launch of the Asset Vault platform, backed by a $300 million preferred equity investment from Orion Infrastructure Capital, enabling Energy Vault to build, own, and operate energy storage assets globally with a target deployment exceeding 1.5 GW backed by a 3 GW/12+ GWh active project pipeline. The company has acquired a 150 MW battery energy storage project in Texas under this platform and plans commercial operations beginning in 2027. Strategic partnerships have been established, such as the alliance with Turkey’s Astor Enerji for battery storage deployments totaling 2 GWh and transformer procurement. Additionally, Energy Vault secured $50 million in corporate debenture financing to support growth initiatives and announced framework supply agreements for battery storage systems in the Balkans. The company also reported narrowing EBITDA losses and positive cash flow projections for 2025, alongside ongoing deployments in renewable energy storage projects, including wildfire resilience and grid-scale infrastructure integration. Energy Vault operates through subsidiaries and maintains a global presence with a focus on scaling energy storage solutions that support the accelerating transition to renewable energy systems. The company's innovations in gravity, battery, and hydrogen storage technologies, combined with comprehensive energy management software, position it as a key player in the evolving energy storage industry. Its strategic asset ownership and operational expansion reflect a shift toward integrated independent power producer (IPP) business models designed to generate high-margin, long-term contracted cash flows, supporting large-scale decarbonization efforts worldwide.
Company News
Energy Vault (NYSE:NRGV) Stock Price Down 6.7% – Time to Sell?
Energy Vault Secures New South Wales State Development Approval for 125 MW / 1 GWh Stoney Creek BESS, Clearing the Path for Construction Start
2G Energy Receives 275 MW Order from Energy Vault Holding Inc, (NYSE: NRGV) for U.S. AI Energy Infrastructure Solutions
2G Energy Receives 275 MW Order from Energy Vault Holding Inc, (NYSE: NRGV) for U.S. AI Energy Infrastructure Solutions
Energy Vault Expands Asset Vault Platform with Portfolio Acquisition of Goshe Energy Storage, Adding More Than 2.3 GW of U.S. BESS Projects, Including 350 MW Ready to Build
Energy Vault Closes Financing on 275 MW of Rolls-Royce MTU Reciprocating Engine Generation Capacity for Hyperscale AI Infrastructure
Head-To-Head Survey: Energy Vault (NYSE:NRGV) & Powell Industries (NASDAQ:POWL)
Energy Vault Accelerates 125 MW / 1 GWh Stoney Creek BESS Toward Construction with Full Project Land Acquisition Milestone in Australia
Energy Vault Accelerates 125 MW / 1 GWh Stoney Creek BESS Toward Construction with Full Project Land Acquisition Milestone in Australia
Energy Vault's 100 MW AI Infrastructure Project in Sardinia Receives Italian Government Designation as Project of Pre-Eminent National Strategic Interest
BlackRock Inc. Buys New Position in Energy Vault Holdings, Inc. $NRGV
Energy Vault Holdings: Portfolio Growing In Value, Future Looking Bright
Energy Vault Holdings, Inc. Announces New Hire Awards Under NYSE Listing Rule 303A.08
Energy Vault Holdings, Inc. (NRGV) Q2 2026 Earnings Call Transcript
Energy Vault Q2 Earnings Call Highlights
Energy Vault Holdings, Inc. (NRGV) Reports Q2 Loss, Beats Revenue Estimates
Energy Vault Reports Second Quarter 2026 Financial Results and Raises Full-Year 2026 Revenue and Gross Margin Guidance
Energy Vault Announces Strategic Agreement to Deploy 1.25 GW of Integrated Power Infrastructure for Hyperscaler AI Data Center with Leading Power Generation EPC Deploying Caterpillar Gensets
Energy Vault Breaks Ground on Powered AI Infrastructure Campus in Snyder, Texas to Deploy Crusoe Spark Modular Data Centers
Energy Vault Breaks Ground on Powered AI Infrastructure Campus in Snyder, Texas to Deploy Crusoe Spark Modular Data Centers