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Energy Vault secures full land ownership for 1GWh Stoney Creek BESS in Australia

Energy Vault logoEnergy Vault
Sig2.61Sen+4.59Env+1.84Soc+0.90Gov+1.47

Stoney Creek is a 1GWh battery storage project designed for 8-hours of dispatchable energy, backed by a 14-year LTESA under Australia’s NSW Electricity Infrastructure Roadmap expected to generate about US$25–30 million annually. Energy Vault will use its VaultOS platform for optimisation, alongside reporting Q2 2025 revenue of US$8.5 million and signing an agreement for 1.25GW Texas deployment expected to bring US$500–600 million in 2026–27 revenue.

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