Energy Vault signs 1.25 GW AI power infrastructure deal

Energy Vault has announced a strategic commercial agreement to deploy 1.25 GW of integrated power infrastructure for hyperscaler AI data centers.

• The agreement combines BESS, grid-forming power conversion systems, AI infrastructure control software, Caterpillar gensets, and EPC capabilities for an initial 1.25 GW deployment backed by a hyperscaler customer contract in Texas.
• Initial deployments are expected over the next four to twelve months; Energy Vault said it expects a revenue impact of approximately $500 million to $600 million in 2H 2026 and 2027, to be discussed on the August 11, 2026 earnings call.