FinancingRegulatory filing
What was reported
On September 18, 2026, Development Vault, LLC, a Delaware limited liability company (the “Borrower”), an indirect subsidiary of Energy Vault Holdings, Inc. (“Energy Vault“ or the “Company”), entered into an amended and restated financing agreement (the “Financing Agreement”) with S2G Builders Special Opportunities Fund I, LP, a Delaware limited partnership, as administrative agent and collateral agent, and each of the lenders party thereto.U.S. Securities and Exchange Commission (EDGAR) · 8-K: 8-K · Sep 22, 2026 · Open the source ↗
What the evidence supports
Energy Vault told the SEC (Form 8-K, Item 2.03) that it entered into a financing arrangement or sold its securities. The filing gives Sep 18, 2026 as the date of the earliest event reported.
What remains unknown
How much money will actually be raised or drawn, at what final price, and how it will be used beyond what the company stated. Stated amounts can be maximums or targets rather than money already received.
Figures as stated
Numbers exactly as written in the source. We don’t annualise, convert or add them up.
| Figure | In context |
|---|---|
| $25,000,000 | “The Financing Agreement provides for a senior secured delayed draw term loan credit facility with aggregate commitments of up to $25,000,000, which may be increased from time to time at the option of the lenders (in their sole discretion) and the Borrower.” Mentions: financing, loan |
| $18 million | “As of the A&R Effective Date, the borrowings outstanding under the Financing Agreement are $18 million.” Mentions: financing |
Source passages
Exact excerpts from the source, with links. Quotes are checked character for character against our stored copy.
Form 8-K, Item 2.03 textOn September 18, 2026, Development Vault, LLC, a Delaware limited liability company (the “Borrower”), an indirect subsidiary of Energy Vault Holdings, Inc. (“Energy Vault“ or the “Company”), entered into an amended and restated financing agreement (the “Financing Agreement”) with S2G Builders Special Opportunities Fund I, LP, a Delaware limited partnership, as administrative agent and collateral agent, and each of the lenders party thereto.U.S. Securities and Exchange Commission (EDGAR) · 8-K: 8-K · Sep 22, 2026 · Open the source ↗
Amount stated in the filingThe Financing Agreement provides for a senior secured delayed draw term loan credit facility with aggregate commitments of up to $25,000,000, which may be increased from time to time at the option of the lenders (in their sole discretion) and the Borrower.U.S. Securities and Exchange Commission (EDGAR) · 8-K: 8-K · Sep 22, 2026 · Open the source ↗
Amount stated in the filingAs of the A&R Effective Date, the borrowings outstanding under the Financing Agreement are $18 million.U.S. Securities and Exchange Commission (EDGAR) · 8-K: 8-K · Sep 22, 2026 · Open the source ↗
Revision history
- Revision 1 · Nov 11, 2026, 21:11 UTC
Energy Vault reports a new direct financial obligation (Form 8-K, Item 2.03)
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