Energy Vault secures $300M investment for storage subsidiary launch

2 hours ago 2
Amount of energy storage systems or battery container units with solar and turbine farm

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Energy Vault (NYSE:NRGV) +12.4% in early trading Thursday after saying it entered into an exclusivity agreement for a $300M preferred equity investment to launch Asset Vault, a subsidiary focused on developing, building and operating energy storage assets.

Energy Vault (

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