Energy Vault Secures $18 Million Project Financing

The Cross Trails battery storage project began full commercial operations in June 2025

August 6, 2025

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Energy Vault, a utility-scale energy storage project developer, secured a $18 million project financing from Eagle Point Credit Management, a private credit investment manager. The funding will support the company’s 57 MW/114 MWh Cross Trails Battery Energy Storage project.

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