Energy Vault Continues to Execute on Growth Strategy with Ownership of Energy Storage Projects and Launches Project Financing

Energy Vault | 2 October 2024

Initial project financing for groundbreaking green hydrogen project in Calistoga, CA expected in Q4

Process follows through on initiative first laid out during its May 2024 Investor and Analyst Day to maximize capital efficiency in its ‘Own & Operate’ IPP strategy

Management to accelerate investment strategy and increase potential capital deployment based upon significant proactive inbound investor interest

Enabling a sustainable world with renewable energy.

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