Energy Vault Develops A Gravity Energy Storage Platform

Energy Vault has developed a gravity energy storage platform and will merge with Novus Capital II to list on NYSE. The Energy Vault SPAC merger implies pro-forma equity valuation of $1.6B. The gravity energy platform Energy Vault has developed is designed to be cost-efficient, safe to operate and environmentally sustainable in order to outperform alternatives. Rob Piconi, Co-Founder and Chief Executive Officer at Energy Vault, joins Oliver Renick to discuss the merger and what’s next for the company. Tune in to find out more.