Energy Vault and Crusoe Partner to Deploy 25MW AI Data Centers in Texas — Energy Vault Holdings, Inc.

Event summary

Energy Vault and Crusoe signed a framework agreement to deploy Crusoe Spark modular data centers at Energy Vault’s Snyder, Texas site.
Initial deployment scales up to 25MW of total load, with operations beginning in 2026.
Energy Vault will provide modular 'powered shell' infrastructure to support rapid deployment.
Crusoe Cloud will expand computing capacity, including new Managed Inference services.
Energy Vault expects AI infrastructure deployments to deliver 10-20x higher EBITDA per MW than traditional projects.

The big picture

This partnership underscores the growing intersection of energy storage and AI infrastructure, as companies seek to address power constraints in high-density compute environments. Energy Vault’s modular approach aims to reduce delivery timelines, while Crusoe’s vertically-integrated model targets rapid scalability in the AI cloud market. The deal highlights the strategic shift toward high-growth segments in the energy storage sector, with potential implications for unit economics and revenue streams.

What we're watching

Deployment Pace: Whether Energy Vault can maintain accelerated delivery timelines for future AI infrastructure projects.
Market Demand: How quickly Crusoe Cloud can scale computing capacity to meet growing customer demand for AI services.
Financial Impact: The extent to which AI infrastructure deployments improve Energy Vault’s unit economics and EBITDA growth.

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