Energy Vault reaches $100M deal with Chinese company
IN THIS ARTICLE
- Banking & Finance Topic
- Jorge Mercado Author
By Jorge Mercado Tuesday, February 1st, 2022
Westlake Village-based Energy Vault secured a licensing and royalty agreement of up to $100 million with Atlas Renewable, an environmental management and waste remediation company based in Houston and Beijing, Energy Vault announced Feb. 1. The $100 million comes in two separate $50 million investments. The first $50 million is an investment into Energy Vault’s…