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

• 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.