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Energy Vault Acquires Texas Battery Storage Project

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Energy Vault Acquires Texas Battery Storage Project

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Energy Vault Holdings ( (NRGV) ) has issued an update.

On October 23, 2025, Energy Vault Holdings announced the acquisition of a 150 MW/300 MWh battery energy storage project in Madison County, Texas, marking the first project under its Asset Vault platform. This acquisition, supported by a $300 million investment from Orion Infrastructure Capital, is expected to generate $17-20 million in annual revenue and enhance Energy Vault’s position in the U.S. energy storage market, contributing to a total of 340 MW in operation globally and a development pipeline of 3.5 GW.

The most recent analyst rating on (NRGV) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Energy Vault Holdings stock, see the NRGV Stock Forecast page.

Spark’s Take on NRGV Stock

According to Spark, TipRanks’ AI Analyst, NRGV is a Neutral.

Energy Vault Holdings’ stock score is driven by positive earnings call developments and technical momentum, despite financial challenges and valuation concerns. The strategic equity investment and increased revenue backlog are significant positives, while ongoing losses and cash flow issues remain risks.

To see Spark’s full report on NRGV stock, click here.

More about Energy Vault Holdings

Energy Vault Holdings, Inc. is a global leader in grid-scale energy storage solutions, offering a range of utility-scale energy storage technologies including battery, gravity, and green hydrogen systems. The company focuses on transforming sustainable energy storage with customized solutions for utilities, independent power producers, and large industrial energy users, aiming to reduce energy costs and maintain power reliability.

Average Trading Volume: 3,054,936

Technical Sentiment Signal: Buy

Current Market Cap: $590.8M

For an in-depth examination of NRGV stock, go to TipRanks’ Overview page.

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