Energy Vault signs contract for 1.25 GW of AI data center power infrastructure in Texas (NRGV:NYSE)

Energy Vault Holdings, Inc. (NRGV) has secured its largest-ever contract to build 1.25 GW of battery energy storage systems for AI data centers in Texas. This significant deal is expected to generate a revenue impact of $500M-$600M for the company in 2026-2027, leading to a 16.5% rise in its stock price.