Energy Vault Holdings shares rise 3.13% premarket after successful completion of Calistoga Resiliency Center.

Energy Vault Holdings, Inc. rose 3.13% in premarket trading, driven by the successful completion and commercial operation of the Calistoga Resiliency Center (CRC), a hybrid microgrid energy storage facility in Calistoga, Calif. This project, developed in partnership with Pacific Gas and Electric Company (PG&E), integrates advanced hydrogen fuel cells with lithium-ion batteries, providing a sustainable solution to address power resiliency amid wildfire risks. The CRC serves approximately 1,600 PG&E customers and represents a significant step forward in addressing Public Safety Power Shutoffs (PSPS) due to wildfires.