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AI data centers and Aussie mega-battery anchor Energy Vault’s $135.5M cash boost
Energy Vault Holdings, Inc. announced a successful financing round, securing $135.5 million, and previewed strong Q4 2025 financial results including its first positive Adjusted EBITDA. The company highlighted strategic advancements in AI infrastructure through a partnership with Crusoe, expansion of its “Own & Operate” long-duration energy storage projects in Australia, and a joint development agreement with Peak Energy for sodium-ion battery solutions for AI data centers. These moves solidify Energy Vault’s position in sustainable grid-scale energy storage and AI power infrastructure.