Energy Vault (NRGV) Holdings announced the acquisition of the McMurtre Battery Energy Storage System, BESS, a 175 MW / 350 MWh battery energy storage project located near Dallas, Texas. The project, acquired from Belltown Power, represents a significant addition to Energy Vault’s growing U.S. energy storage portfolio and marks a further milestone in the Company’s previously announced plan to deploy an initial 1,500 MW of BESS capacity – a target first outlined at Energy Vault’s 2025 Investor and Analyst Day. Energy Vault intends to contribute the project to its Asset Vault investment platform upon the project achieving Ready-to-Build status.
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