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Energy Vault unit signs $137.5 million senior secured term loan facility for equipment financing
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Energy Vault unit signs $137.5 million senior secured term loan facility for equipment financing
  • Energy Vault subsidiaries entered a credit agreement for a senior secured term loan facility of about USD 137.5 million.
  • Proceeds will fund power generation equipment purchases plus related installation and commissioning services under an equipment supply agreement.
  • Borrowings will be drawn in installments to match equipment payment timing.
  • Interest set at 6.75% SOFR or 5.75% ABR through Dec. 31, 2026, rising to 7.5% or 6.5% thereafter.
  • Facility matures Jan. 2, 2028; secured by first-priority liens on borrower and guarantor assets, including equipment contract rights.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Energy Vault Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001828536-26-000106), on August 20, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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