A multi-billion-dollar infrastructure fund plans a USD-300-million (EUR 258m) preferred equity investment in Energy Vault Holdings Inc (NYSE:NRGV) that will allow the latter to launch a new unit dedicated to the construction and operation of energy storage assets.
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Energy Vault Enters into Exclusive Agreement for $300 million Preferred Equity Investment to launch “Asset Vault”, Accelerating the execution of 1.5GW of Global Energy Storage Projects
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