Energy Vault acquired the McMurtre Battery Energy Storage System, a 175 MW/350 MWh project near Dallas, Texas, from Belltown Power as part of its plan to deploy 1,500 MW of battery storage capacity.
- Project expected to generate $15-20 million in annual revenues over its lifetime
- Commercial operation targeted for December 2027 with notice to proceed in 4Q 2026
- Acquisition brings Energy Vault’s owned assets to 715 MW across all asset classes
- McMurtre BESS will use Energy Vault’s B-VAULT AC Technology Platform 3
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