Energy Vault Announces Acquisition of 175 MW Battery Energy Storage System Project in Texas
Energy Vault Holdings, Inc. (NRGV)
Company Research
Source: Business Wire
McMurtre BESS Project acquired from Belltown Power, advancing Energy Vault's 1,500 MW BESS deployment roadmap and strengthening its three-asset-class portfolio strategy across battery energy storage, powered land, and powered shells175 MW / 350 MWh project strategically selected in the ERCOT North market near Dallas — a premier high-growth power market with exceptional revenue projections — with NTP expected Q4 2026 and commercial operation targeted for December 2027Project expected to deliver $15–$20 million in annual revenues over its technical life, representing $350–$375 million+ in total expected lifetime revenuesAcquisition brings total MW’s for owned assets acquired, under construction and in operation within the Asset Vault platform to 715 MW across all asset classes WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or the "Company"), a global leader in grid-scale energy storage solutions, today announced the acquisition of
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NRGV
News
- S&P Global Awards Energy Vault Highest ESG Score for Energy Storage Company for Second Straight Year, Energy Vault Publishes 2025 Corporate Sustainability ReportBusiness Wire
- Energy Vault (NRGV) was given a new $6.05 price target by Fundamental Research. They now have a "buy" rating on the stock.MarketBeat
- Energy Vault Announces Acquisition of 175 MW Battery Energy Storage System Project in Texas [Yahoo! Finance]Yahoo! Finance
- A Look At Energy Vault Holdings (NRGV) Valuation After Earnings And 2026 Growth Guidance [Yahoo! Finance]Yahoo! Finance
- Energy Vault (NRGV) had its price target raised by The Goldman Sachs Group, Inc. from $1.75 to $2.00. They now have a "sell" rating on the stock.MarketBeat
NRGV
Earnings
- 3/17/26 - Beat
NRGV
Sec Filings
- 3/26/26 - Form 4
- 3/18/26 - Form 10-K
- 3/17/26 - Form 8-K
- NRGV's page on the SEC website