$28 million project financing, inclusive of the completed sale of the Investment Tax Credit associated with the project, returns cash back to Energy Vault’s balance sheet for the first resiliency center deployed in California (Calistoga) for PG&E to reduce wildfire risk and manage Public Safety Power Shutoff (PSPS) events
Enabling a sustainable world with renewable energy.
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Press Release
NPM Interconnections (US) – Episode 143: Robert Piconi | Energy Vault