Wall Street Journal: Renewable Storage Firm Energy Vault Reaches $1.6 Billion SPAC Deal to Go Public
Wall Street Journal – September 8, 2021 Energy Vault Inc. is combining with a blank-check company to go public in a merger that values the gravity-based energy-storage company at roughly $1.6 billion, the companies said. Energy Vault uses a block tower system to store and release renewable energy from wind and solar operations. Employing software …