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Energy Vault Discloses $137.5M Senior Secured Term Loan Facility

Energy Vault logoEnergy Vault
Sig3.00Sen+2.65Env0.00Soc0.00Gov0.00

Energy Vault disclosed that its subsidiaries entered an August 14, 2026 credit agreement creating a $137.5 million senior secured term-loan facility. EV Gen Set 1, LLC will borrow and EV Gen Set I HoldCo, LLC will guarantee the debt, backed by company guarantees and collateral. SOFR interest is 6.75% through Dec. 31, 2026, rising to 7.50% after, with ABR rates of 5.75% then 6.50%.

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