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BUZZ-Energy Vault rises on partnership with NuCube Energy to power AI data centers

ReutersJan 15, 2025 3:44 PM

** Shares of energy storage solutions firm Energy Vault Holdings NRGV.N up 11.4% at $1.95

** Says it has formed a partnership with NuCube Energy to power AI data centers with nuclear microreactors

** NuCube makes nuclear reactors

** Says partnership will help NRGV enable battery storage of excess energy generated at NuCube's reactors during periods of lower demand, which can be dispatched during peak demand

** Shares were down ~1% in 2024

(Reporting by Tanay Dhumal in Bengaluru)

((Tanay.Dhumal@thomsonreuters.com;
Twitter: https://twitter.com/TanayDhumal))

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