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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