Bridge Energy and Energy Vault Announce Partnership
EBOR, NSW, Australia – 5 February 2026 – Bridge Energy, an Australian energy development company, today announced a significant partnership with Energy Vault Holdings, Inc. (NYSE: NRGV), a leader in sustainable, grid-scale energy storage solutions. The two companies will collaborate to develop and build the Ebor Battery Energy Storage System (BESS), a critical infrastructure project in the New England region of New South Wales.
The Ebor BESS is a 100 MW / 870 MWh project designed to provide 8 hours of dispatchable energy to the national grid. The project is a key part of Energy Vault’s “build, own, operate” strategy in Australia and is expected to become a cornerstone asset in its “Asset Vault” portfolio upon completion. Under the partnership, Bridge Energy is leading the project’s origination and development, with Energy Vault providing its advanced B-VAULT™ battery system and Vault-OS™ energy management software.
“We are proud to partner with Energy Vault to bring the Ebor BESS to life,” said Daniel Hamel, Managing Director of Bridge Energy. “This partnership combines Bridge Energy’s local development expertise with Energy Vault’s cutting-edge technology and balance sheet. Together, we are committed to delivering a high-quality project that will provide reliable energy for NSW and create long-term economic benefits for the Ebor community.”
“Our partnership with Bridge Energy is central to our ‘build, own, operate’ strategy and the expansion of our Asset Vault platform in Australia,” said Robert Piconi, Chairman and CEO of Energy Vault. “Bridge Energy’s local expertise is vital for originating and developing the bankable, high-quality projects we seek for long-term ownership. The Ebor BESS is a perfect example of this collaboration, and we are excited to advance this project together.”
Construction of the Ebor BESS is expected to generate up to 60 local jobs, with the facility targeted to commence operations in 2028.
About Bridge Energy
Bridge Energy is an Australian company established to develop projects that bridge the gap between fossil fuels and renewable energy. Focused on flexible generation and storage, Bridge Energy develops projects that enhance grid reliability while contributing to lower wholesale electricity costs for consumers.
About Energy Vault
Energy Vault® develops, deploys and operates utility-scale energy storage solutions designed to transform the world’s approach to sustainable energy storage. The Company’s comprehensive offerings include proprietary battery, gravity and green hydrogen energy storage technologies supporting a variety of customer use cases delivering safe and reliable energy system dispatching and optimization. Each storage solution is supported by the Company’s technology-agnostic energy management system software and integration platform. Unique to the industry, Energy Vault’s innovative technology portfolio delivers customized short, long and multi-day/ultra-long duration energy storage solutions to help utilities, independent power producers, and large industrial energy users significantly reduce levelized energy costs while maintaining power reliability. Since 2024, Energy Vault has executed an “Own & Operate” asset management strategy developed to generate predictable, recurring and high margin tolling revenue streams, positioning the Company for continued growth in the rapidly evolving energy storage asset infrastructure market. Please see www.energyvault.com for more information.