December 14, 2024
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Energy Vault reaches $100M deal with Chinese company

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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…

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