Energy Vault Holdings, Inc. 8K

EV Gen Set 1, LLC entered into a $137.5 million delayed draw term loan credit agreement with lenders, secured by project collateral and subject to extensive covenants, to finance equipment purchases and related project expenditures.

On August 14, 2026, EV Gen Set 1, LLC entered into a new Credit Agreement with a syndicate of lenders providing for an aggregate $137.5 million delayed draw term loan facility, with EV Gen Set I HoldCo, LLC as Holdings and CSC Delaware Trust Company acting as both Administrative Agent and Collateral Agent; the agreement sets out the term loan commitment, interest (SOFR- and ABR-based with specified applicable margins and a 3.00% floor), conditions precedent, affirmative and negative covenants (including minimum liquidity, debt service reserve requirements, limitations on liens, indebtedness, asset sales, investments and restricted payments), events of default and remedies, and includes a collateral package governed by a Guaranty and Security Agreement, to finance the purchase and installation of specified equipment under an Equipment Supply Agreement and related project costs, with certain immaterial confidential terms redacted.

Filing Facts

CIK

1828536

Ticker

-

Form

8K

Source Type

sec

Accession

0001828536-26-000106

Alert Tier

7