Energy Vault and Jupiter Power Announce Agreement for Battery Energy Storage Projects in Texas and California Totaling 220 MWh

Energy Vault Holdings Inc. (NYSE: NRGV) ("Energy Vault" or the Company), a leader in sustainable, grid-scale energy storage solutions, and Jupiter Power (Jupiter), a leading battery energy storage developer and owner/operator of utility-scale battery energy storage projects in the United States, today announced the signing of two contracts whereby Energy Vault will supply equipment, engineering, procurement, construction, balance of plant services and the energy management software for two of Jupiters battery energy storage projects.