Energy Vault unit amends $25 million delayed-draw term loan facility with S2G Builders fund

By Public Technologies
  • Energy Vault unit Development Vault entered an amended and restated financing agreement with S2G Builders Special Opportunities Fund I for a senior secured delayed draw term loan.
  • Facility size up to $25 million in aggregate commitments; $18 million was outstanding on Sept. 18, 2026.
  • Interest set at 10% cash, with a 7% payment-in-kind component.
  • Maturity set for April 16, 2030; voluntary prepayment allowed with five business days’ notice, subject to an exit fee.
  • Secured by a first-priority lien on substantially all borrower and guarantor assets, including equity interests; includes customary project-finance covenants.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Energy Vault Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001828536-26-000111), on September 22, 2026, and is solely responsible for the information contained therein.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.