US EditionEnergy Vault closes US$28 million financing for California green hydrogen BESS microgrid
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Bluefield Daily TelegraphReposted by 
Green Stock News
Green Stock NewsEnergy Vault Achieves Successful Close of $28 million in Project Financing for the Calistoga Resiliency Center, the World’s First Ultra-Long Duration Hybrid Green Hydrogen Energy Storage Microgrid serving California’s PG&E
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Apr 1, 2025-
Energy Vault achieves successful close of $28 million in project financing for the Calistoga Resiliency Center, the world’s first ultra long duration hybrid green hydrogen energy storage microgrid serving California’s PG&E – Oil & Gas 360
(Oil & Gas 360) – $28 million project financing, inclusive of the completed sale of the Investment Tax Credit associated with the project, returns cash back to Energy Vault’s balance sheet for the first resiliency center deployed in California (Calistoga) for PG&E to reduce wildfire risk and manage Public Safety Power Shutoff (PSPS) events This strategic financing is the first of other project financings underway and demonstrates successful exec
·Denver, United States
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