Energy Vault and Peak Energy Announce Strategic Development Agreement to Develop Sodium Ion Storage Solution for “AI-First Data Center Operators”; Includes 1.5 GWh Supply Agreement to Accelerate Global Deployment and Reduce Costs

WESTLAKE VILLAGE, Calif. & BROOMFIELD, Colo.–(BUSINESS WIRE)—- $NRGV–Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or “the Company”), a leader in sustainable grid-scale energy storage and AI power infrastructure, and Peak Energy (“Peak”), the first American manufacturer of sodium-ion energy storage systems, today announced a comprehensive strategic partnership. Purpose-Built Energy Storage for AI Infrastructure The partnership includes the launch of a co-developed, dedicated energy storage