Energy Vault Completes Stoney Creek BESS Acquisition

Energy Vault Holdings ( (NRGV) ) has issued an update.

On August 7, 2025, Energy Vault Holdings announced the completion of its acquisition of the 125 MW/1,000 MWh Stoney Creek Battery Energy Storage System (BESS) in Northern New South Wales, Australia. This acquisition marks Energy Vault’s first project in Australia under its ‘Own & Operate’ portfolio, reinforcing its commitment to supporting Australia’s energy transition. The Stoney Creek BESS, supported by a 14-year offtake agreement, is expected to enhance grid reliability and flexibility, contributing approximately $30 million in annual EBITDA for over 15 years. This strategic move underscores Energy Vault’s focus on expanding in high-growth markets with favorable regulatory environments, leveraging its proprietary VaultOS™ platform and B-VAULT™ technology to optimize performance and profitability.

The most recent analyst rating on (NRGV) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Energy Vault Holdings stock, see the NRGV Stock Forecast page.

Spark’s Take on NRGV Stock

According to Spark, TipRanks’ AI Analyst, NRGV is a Neutral.

Energy Vault Holdings’ overall stock score reflects significant financial challenges, particularly in profitability and cash flow management. While technical indicators suggest some positive momentum, the valuation remains unattractive due to ongoing losses. Positive developments from the earnings call and recent corporate events provide some optimism, but financial instability remains a major concern.

To see Spark’s full report on NRGV stock, click here.

More about Energy Vault Holdings

Energy Vault Holdings, Inc. is a global leader in grid-scale energy storage solutions, offering a comprehensive range of utility-scale energy storage technologies, including battery, gravity, and green hydrogen. The company focuses on providing customized energy storage solutions to utilities, independent power producers, and large industrial energy users, aiming to reduce energy costs while ensuring power reliability. Energy Vault has adopted an ‘Own & Operate’ asset management strategy to generate predictable, recurring revenue streams, positioning itself for growth in the energy storage market.

Average Trading Volume: 1,857,601

Technical Sentiment Signal: Sell

Current Market Cap: $182.6M

For an in-depth examination of NRGV stock, go to TipRanks’ Overview page.