Energy Vault secures $40M credit facility from S2G Investments for acquired BESS portfolio
Type: Financing · Technology: Storage · Country: United States · Value: $40M · Announced: 2026-09-29
Energy Vault has secured a credit facility commitment of up to $40 million from S2G Investments to support the development, construction, and operations of the acquired Goshe Energy Storage portfolio. The financing will fund the expansion of the 2.3 gigawatts of U.S. battery energy storage projects, including the two 350-megawatt ready-to-build assets. This funding bolsters Energy Vault's Asset Vault platform, which is dedicated to financing and operating energy storage and AI infrastructure assets. The credit facility is part of the broader strategy to scale the company's owned-asset portfolio across U.S. markets.
Counterparties
- Energy Vault (Borrower)
- S2G Investments (Lender)
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