Energy Vault completes purchase of 1-GWh Aussie battery project

Energy Vault | 11 August 2025

Energy storage specialist Energy Vault Holdings Inc (NYSE:NRGV) has completed the acquisition of the 125-MW/1,000-MWh Stoney Creek Battery Energy Storage System (BESS) project in New South Wales, Australia after receiving Foreign Investment Review Board (FIRB) approval.

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