M&AAnnouncedMarch 24, 2026

McMurtre Battery Energy Storage System — 175 MW / 350 MWh BESS, ERCOT North (near Dallas), Texas

Energy Vault acquires 175 MW / 350 MWh standalone BESS project from Belltown Power in ERCOT North market near Dallas. Full SGIA executed; site control secured. NTP expected Q4 2026; COD targeted December 2027. Project expected to generate $15–20M/year in revenues ($350–375M+ lifetime). Deployment will use Energy Vault's B-VAULT Platform 3. Acquisition brings Energy Vault's total owned project portfolio to 715 MW.

175MW

Capacity

350MWh

Storage

Battery Storage

Technology

TX

Location

Deal Details

Deal Type
Project Acquisition
Seller / Sponsor
Belltown Power
Buyer / Financier
Energy Vault Holdings, Inc. (NYSE: NRGV)
Deal Value
Undisclosed
Stage
Development
ISO/RTO
ERCOT

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