Energy Vault Begins Construction of 150 MW SOSA Energy Center in Texas' ERCOT Market in Q4 2025, Bringing Total Asset Vault Portfolio Under Operation & Construction to Over 340 MW While Growing Cash in the Quarter by ~65% to Over $100 Million

Core Viewpoint - Energy Vault Holdings, Inc. has commenced construction of the SOSA Energy Center, a significant battery energy storage system in Texas, highlighting its commitment to sustainable energy solutions [1] Company Summary - Energy Vault is recognized as a leader in sustainable, grid-scale energy storage solutions [1] - The SOSA Energy Center will feature a capacity of 150 MW and 300 MWh, indicating a substantial investment in energy storage technology [1] - The project was originally developed by Savion, a subsidiary of Shell plc, and was acquired by Energy Vault in the fourth quarter of 2025 under its Asset Vault platform [1]