Energy Vault Holdings ( (NRGV) ) has shared an announcement.
On March 20, 2025, Energy Vault Holdings’ management discussed expected cash inflows from project financings and investment tax credits, totaling $70-80 million, during investor calls following their earnings call on March 18, 2025. The company anticipates these financings to close within Q2 and Q3 2025, with Calistoga Resiliency Center starting in April 2025, and expects to achieve positive Adjusted EBITDA by Q4 2025.
More about Energy Vault Holdings
Energy Vault Holdings, Inc. operates in the energy industry, focusing on innovative energy storage solutions. The company is known for its gravity-based energy storage systems and is involved in projects that enhance energy resiliency and efficiency.
YTD Price Performance: -56.52%
Average Trading Volume: 1,320,793
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $136.9M
See more data about NRGV stock on TipRanks’ Stock Analysis page.