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Home Eagle Point Closes Financing with Energy Vault as it Commissions the Calistoga Resiliency Center, the Largest Utility-Scale, Ultra-Long Duration Energy Storage Facility in the World

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Eagle Point Closes Financing with Energy Vault as it Commissions the Calistoga Resiliency Center, the Largest Utility-Scale, Ultra-Long Duration Energy Storage Facility in the World

GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Credit Management LLC (“Eagle Point”), an investment manager focused on specialized private credit strategies, today announced that it has provided $28 million in project financing to Energy Vault, a leader in sustainable, grid-scale energy storage solutions, to support the development of its Calistoga Resiliency Center (“CRC”). The facility is 100% sustainable and will provide the city of Calistoga with an alternative power source in the event of...

Read the full news release here

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