Energy Vault Secures $137.5 Million for Power Capacity

The NYSE-listed firm will use new credit to support behind-the-meter power for growing data center infrastructure.

Updated on Oct. 30, 2026 in Data Centers

Isometric editorial illustration of a heavy industrial generator, representing infrastructure financing for AI data centers.
Energy Vault has secured $137.5 million in financing from Eagle Point Credit Management to procure 275MW of power capacity for data centers. AI Illustration. Upload story photo >

Live Poll

Should private capital focus on funding energy infrastructure to support rapid AI industry growth?

Energy Vault has secured a $137.5 million senior secured credit facility from Eagle Point Credit Management to boost power infrastructure. The capital will fund the procurement of 275MW of reciprocating engine generation capacity intended for data centers.

Why it matters

The rapid expansion of AI infrastructure is driving an urgent need for reliable power capacity. By financing this specialized equipment, the company addresses lead-time constraints that currently slow the rollout of essential data center power.

The secured financing, equivalent to €122.7 million, is earmarked for acquiring 275MW of reciprocating engine generation capacity. This equipment is designed specifically for behind-the-meter power applications.

The players

Energy Vault

A NYSE-listed company that develops and delivers energy infrastructure solutions.

Eagle Point Credit Management

An investment firm that manages credit-focused infrastructure and equipment finance strategies.

The details

Eagle Point Credit Management provided the funds through its specialized infrastructure credit and equipment finance strategies. These engines are critical for maintaining the high-density power requirements now common in modern AI data centers.

Timeline

  1. 2027: Expected delivery of 275MW of reciprocating engine generation capacity.

The Tech Race

This investment highlights a pivotal shift as energy firms pivot to meet the aggressive infrastructure demands of the AI boom. It marks a transition toward prioritizing immediate, scalable power solutions to replace aging or insufficient grid connectivity.

As data centers secure necessary power, the industry moves closer to resolving the reliability constraints that threaten AI services. This effort aims to accelerate the availability of high-performance computing resources without overloading existing utility grids.

The takeaway

Securing capital for equipment procurement is becoming a critical competitive advantage for firms supporting high-growth tech sectors. Organizations prioritizing reliable energy supply chains are better positioned to meet the escalating demands of modern artificial intelligence platforms.

Further reading

Learn more about the evolving infrastructure requirements for Data Centers.

Source note: This article includes information reported by Real Assets.

Live Poll

Should private capital focus on funding energy infrastructure to support rapid AI industry growth?