Energy Vault Holdings, Inc. closed an upsized $150 million financing in convertible senior notes, increasing the deal from the previously announced $125 million offering. After closing, the company used part of the proceeds to redeem about $45 million in aggregate principal of existing senior unsecured convertible debentures issued to an affiliate of Yorkville Advisors, removing that higher-cost debt from its balance sheet. A live webcast for the company’s March 17, 2026 results call will be available at https://investors.energyvault.com/events-and-presentations/events.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Energy Vault Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260303926533) on March 03, 2026, and is solely responsible for the information contained therein.