Energy Vault completes acquisition of 125 MW/1,000 MWh Stoney Creek BESS in Australia

Energy Vault Holdings, Inc.

Acquired 125 MW/1,000 MWh BESS in New South Wales from Enervest Group after FIRB approval.
First non-US Own & Operate asset; expected ~$30M combined annual recurring EBITDA over 15+ years from portfolio.
Project backed by a 14-year LTESA under NSW Electricity Infrastructure Roadmap, providing contracted revenue.
Company will use VaultOS and B-VAULT technology to optimize performance and market participation.

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