Energy Vault Secures New South Wales State Development Approval for 125 MW / 1 GWh Stoney Creek BESS, Clearing the Path for Construction Start

WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)—- $NRGV–Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a global energy infrastructure company supporting grid reliability and next-generation AI and high-performance computing infrastructure, today announced that the New South Wales Government has granted State Significant Development Approval (SSD-75680468) for its 125 MW / 1 GWh Stoney Creek Battery Energy Storage System (“BESS”) in Narrabri, northern New South Wales, Australia.

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