M&AAnnouncedPress / newsMarch 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.

Share on LinkedIn Source: BusinessWire / Energy Vault →

175MW

Capacity

350MWh

Storage

BESS

Technology

Location

Project: McMurtre Battery Energy Storage SystemAsset profile →

MarketsTexas ERCOT

Deal Details

Deal Type: Project & Portfolio M&A
Seller / Sponsor: Belltown Power
Buyer / Financier: Energy Vault
Deal Value: Undisclosed
Stage: Development
ISO/RTO: ERCOT
Source: BusinessWire / Energy Vault

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