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Energy Vault Closes $300 Million Preferred Equity Investment with Orion Infrastructure Capital (OIC), Officially Launching "Asset Vault" Platform in Move to Energy Asset Management and Long-Term Asset Development
Businesswire·2025-10-09 21:25

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- NRGV−−EnergyVaultHoldings,Inc.(NYSE:NRGV)("EnergyVault"orthe"Company"),agloballeaderingrid−scaleenergystoragesolutions,todayannouncedthesuccessfulclosingofitsNRGV--Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or the "Company"), a global leader in grid-scale energy storage solutions, today announced the successful closing of its 300 million preferred equity investment with leading North American infrastructure investment firm OIC L.P. ("OIC"), officially launching "Asset Vault," the Company's fully consolidated subsidiary dedicated to developing, building, owning and operating energy storage assets gl. ...