Energy Vault Announces Strategic Agreement With BHP to Support Decarbonization of Natural Resources Production

LUGANO, Switzerland & WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault, Inc. (“Energy Vault”), the company developing sustainable, grid-scale energy storage solutions, and BHP, a leading global natural resources company, today announced a joint collaboration that will focus on the deployment and implementation of Energy Vault’s energy storage solutions in BHP’s key operations and other potential applications for the technology. BHP Ventures, BHP’s internal venture capital unit, also joined other investors in a final close of Energy Vault’s Series C funding round announced earlier this year.