Energy Vault, ACEN Australia Announce Agreement for 400 MWh of Battery Energy Storage Deployments

WESTLAKE VILLAGE, Calif. & NEW SOUTH WALES, Australia--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault"), a leader in sustainable, grid-scale energy storage solutions, and ACEN Australia, today announced the main contractual agreements for two battery energy storage system (BESS) deployments totaling 400 MWh in Australia. Construction on both deployments is expected to begin in the second half of 2024, with commercial operations expected in 2025 and 2026. The agreements