Energy Vault Achieves Major Strategic Milestone with Commercial Operation of Cross Trails BESS, Marking the First Asset Placed in Service Under “Own & Operate” Growth Strategy

Jun 11, 2025
Reading Time: 1 minute

Project placed in service ahead of schedule as the first project completed under Energy Vault’s growing portfolio of “Owned & Operated” projects with a 10-year offtake agreement with Gridmatic providing guaranteed revenue floor plus upside participation

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