Energy Vault secures 275 MW of engines for AI campuses facing grid delays
Rolls-Royce MTU equipment is due from late 2027 through early 2028 as Robert Piconi expands Energy Vault into financed power infrastructure.
By RuntimeWire Staff · Published
Primary source: Financial Times Markets
Why it matters
Energy Vault is reserving scarce power hardware before hyperscale sites are ready, shifting execution risk toward customer conversion and project economics. AI's power bottleneck is pulling a gravity-storage pioneer into owned generation infrastructure.
Power-infrastructure developer Energy Vault, co-founded by Robert Piconi, secured equipment financing from Eagle Point Credit Management to contract 275 MW of Rolls-Royce MTU reciprocating-engine generation capacity for future AI and high-performance computing campuses.…
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