Energy Vault Achieves Successful Close of $28 million in Project Financing for the Calistoga Resiliency Center, the World’s First Ultra-Long Duration Hybrid Green Hydrogen Energy Storage Microgrid serving California’s PG&E

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today announced the successful close of $28 million in project financing for its Calistoga Resiliency Center (CRC). The financing includes the completed sale of an Investment Tax Credit (ITC) associated with the CRC. This marks a significant milestone in the Company's execution of its growth strategy in owning and ope...

Read the full news release here