ComputeLabs Research

Energy-storage developer Energy Vault (NRGV) secured non-recourse financing for 275 MW of Rolls-Royce MTU reciprocating-engine generation capacity.

· ComputeLabs Research · from the November 10, 2026 edition

Energy Vault disclosed in an earnings release filed with the Securities and Exchange Commission (SEC) that it had secured non-recourse financing for 275 MW of Rolls-Royce MTU reciprocating-engine generation capacity. The capacity figure concerns electricity generation, not AI-compute information technology load or battery energy storage.

The financing is a company-disclosed milestone in a filed press release. The supplied excerpt does not specify the financing amount, lender, interest rate, maturity, collateral package, drawdown conditions, or funds already drawn.

The same release said Energy Vault began deliveries during Q4 to a 1.25 GW hybrid generation and energy-storage project supporting AI infrastructure in Texas. It does not explicitly establish that the financed 275 MW is part of that project, so the two figures should remain separate.

Energy Vault reported Q3 revenue of $13.1 million, down 61% year over year, and total cash of $236 million, approximately 60% higher quarter over quarter. These company-wide financial results are distinct from the undisclosed size of the generation-financing transaction.

  • Energy Vault (NRGV)
  • Rolls-Royce MTU

All 20 stories from November 10, 2026