Eagle Point Income Company Inc. shares rise 1.18% after-hours.

Eagle Point Income Company Inc. rose 1.18% in after-hours trading. The company's stock price increase may be attributed to the positive news from Energy Vault Holdings Inc., which announced that its Calistoga Resiliency Center has received approval from the California Public Utilities Commission to participate in the California Independent System Operator energy and ancillary markets. This approval, along with the execution of a Large Generator Interconnection Agreement, ensures the CRC's eligibility to offer grid services, marking a significant step forward in the deployment of clean, resilient, and economically optimized energy storage solutions.