---
schema_version: "secwatch.filing_event.v1"
accession: "0001828536-25-000109"
form_type: "8-K"
ticker: "NRGV"
cik: "0001828536"
company_name: "Energy Vault Holdings, Inc."
filed_at: "2025-08-11T23:59:59+00:00"
generated_at: "2026-05-17T15:40:37.952539+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Energy Vault secures $300M preferred equity for Asset Vault, targeting 1.5GW storage projects

## Summary
- $300M non-dilutive preferred equity from a multi-billion-dollar infrastructure fund to launch Asset Vault subsidiary.
- Asset Vault will develop, build, own, and operate 1.5GW energy storage across U.S., Australia, and Europe.
- Targets $100M+ recurring annual EBITDA in 3-4 years from Asset Vault's contracted and operational projects.
- Existing operational projects: Cross Trails BESS (57MW/114MWh) and Calistoga Resiliency Center (8.5MW/293MWh).
- Energy Vault retains control and will self-perform EPC and LTSA, adding incremental cash flow to parent.

## SEC filing metadata
- accession: 0001828536-25-000109
- form_type: 8-K
- ticker: NRGV
- cik: 0001828536
- company_name: Energy Vault Holdings, Inc.
- filed_at: 2025-08-11T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828536/000182853625000109/0001828536-25-000109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828536/000182853625000109/nrgv-20250807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828536-25-000109
- JSON: https://secwatch.observer/filing/0001828536-25-000109.json
- Plain text: https://secwatch.observer/filing/0001828536-25-000109.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.