Energy Vault Holdings, Inc. acquires the 125 MW / 1,000 MWh Stoney Creek BESS from Enervest Group
Type: Acquisition · Technology: Storage · Country: Australia · Value: $220M · Announced: 2025-03-17
Energy Vault Holdings, Inc. agreed to acquire the 125 MW / 1,000 MWh Stoney Creek Battery Energy Storage System from Enervest Group, a project in New South Wales supported by a 14-year Long Term Energy Services Agreement, with a construction value of USD $220 million.
Counterparties
- Enervest Group (Seller)
- Energy Vault Holdings, Inc (Buyer)
📈 The Sherpa Signal — one notable infrastructure deal a day.
📘 Sherpa Guides — practitioner guides to developing, financing and acquiring infrastructure.