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Energy Vault completes Stoney Creek land buy for 125 MW/1 GWh BESS

Energy Vault logoEnergy Vault
Sig2.66Sen+4.67Env+1.50Soc+0.67Gov+1.48

Energy Vault completed acquisition of the underlying project land for the 125 MW / 1 GWh Stoney Creek BESS in Northern New South Wales after FIRB approval. The lease was converted to full land ownership, strengthening control for development, construction, operations, and long-term management. Construction is expected to start in Q1 2027, with commercial operations targeted for H1 2028, subject to final approvals.

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