Energy Vault Holdings Inc., a publicly traded California company, has acquired Boulder-based Goshe Energy Storage LLC. The deal includes 15 battery energy storage projects totalling more than 2.3 gigawatts of power. Financial terms were not disclosed. Goshe's team of experienced development professionals will join Energy Vault to continue developing, constructing and operating the acquired portfolio. The team brings over 75 years of combined experience in renewable energy development, battery energy storage system project management and financial services. Energy Vault trades on the New York Stock Exchange under the ticker NRGV.

Energy Vault has secured 275 MW of reciprocating engine generation capacity using Rolls-Royce MTU technology, with deliveries scheduled from the second half of 2027 through the first half of 2028. The procurement was supported by equipment financing from Eagle Point Credit Management. The generation capacity will support Energy Vault's Powered Land solutions and ongoing multi-gigawatt discussions for hyperscale AI and high-performance computing campuses. The company aims to address power access constraints facing AI infrastructure development through its Build, Own & Operate model. The equipment will utilize Rolls-Royce MTU reciprocating engine technology designed for mission-critical applications. Energy Vault plans to integrate this capacity with battery energy storage systems and advanced power plant controls to provide hyperscale customers with faster energization whilst maintaining power quality and operational flexibility.

Energy Vault has secured a $137.5 million senior secured term loan facility through its subsidiaries to purchase power generation equipment, according to an SEC filing on 20 August 2026. The facility was established on 14 August 2026, with EV Gen Set 1, LLC as borrower and EV Gen Set I HoldCo, LLC as guarantor. The loan matures on 2 January 2028 and will be drawn in instalments to match equipment supply agreement payments. Interest rates are set at 6.75% per annum for SOFR loans through 31 December 2026, rising to 7.50% thereafter. The financing is secured by first-priority security interest in substantially all assets of the borrower and holding company, including contract rights and membership interests. The company must maintain a debt service reserve account covering three months of debt service.