Energy Vault Soars 13.98% on Financing, Board Appointment

On April 10, 2025, Energy Vault's stock surged by 13.98% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

Energy Vault has recently secured substantial financing for its Calistoga Resiliency Center, the largest utility-scale, ultra-long duration energy storage project. This development is expected to bolster the company's position in the renewable energy sector and enhance its operational capabilities.

In addition to the financing, Energy Vault has appointed Dylan Hixon, a leading technology investor, to its Board of Directors. This strategic move is anticipated to bring valuable expertise and insights to the company, further strengthening its leadership and innovation efforts.