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Power · Evidence brief

Energy Vault signs 1.25 GW Texas AI-power agreement

Energy Vault + unnamed power-generation EPC + Caterpillar + unnamed hyperscaler customer

Primary sourcePress release only2026-08-07
Deal structureStrategic integrated-power agreement for hyperscaler AI data-center deployment
GeographyTexas, United States
Infrastructure layersPower + storage + controls + data centers
Disclosed scaleInitial 1.25 GW Texas deployment; approximately $500M-$600M of expected Energy Vault revenue across second-half 2026 and 2027

Why it matters

The strategic read

Packages battery storage, grid-forming power conversion, controls and modular gas generation into a repeatable speed-to-power design for AI campuses. The disclosed scale is large enough to bridge utility-interconnection delays, but the unnamed customer and EPC make counterparty and execution risk important.

Source-supported terms

What was disclosed

  1. 01

    Energy Vault announced an initial 1.25 GW integrated-power deployment in Texas backed by a hyperscaler customer contract.

  2. 02

    Its scope includes battery energy storage, grid-forming power conversion and AI infrastructure control software.

  3. 03

    An unnamed generation EPC will provide turnkey generation using Caterpillar gensets.

  4. 04

    Initial deployments are expected over four to 12 months.

  5. 05

    Energy Vault expects approximately $500M-$600M of revenue impact across second-half 2026 and 2027.

Disclosure boundary

What is known—and what is not

Strategic agreement announced and described as backed by a hyperscaler customer contract. Public materials do not identify the customer, EPC, site, equipment counts, storage MWh, fuel source, contract value, payment schedule, guarantees, permits, emissions plan, interconnection status, financing, termination rights or final phased energization schedule. Revenue is management guidance, not contracted value disclosed in the release.