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2021-09-09
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Renewable Storage Firm Energy Vault Reaches $1.6 Billion SPAC Deal to Go Public<blockquote>可再生存储公司Energy Vault达成16亿美元SPAC上市交易</blockquote>
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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":889297685,"tweetId":"889297685","gmtCreate":1631149673947,"gmtModify":1631891833833,"author":{"id":3558581504257803,"idStr":"3558581504257803","authorId":3558581504257803,"authorIdStr":"3558581504257803","name":"Kelvinyoon26","avatar":"https://static.tigerbbs.com/17c18f026fcaa77f437cb20f39e1b4ef","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":57,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Like pls</p></body></html>","htmlText":"<html><head></head><body><p>Like pls</p></body></html>","text":"Like pls","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/889297685","repostId":1168667479,"repostType":4,"repost":{"id":"1168667479","kind":"news","pubTimestamp":1631147544,"share":"https://www.laohu8.com/m/news/1168667479?lang=zh_CN&edition=full","pubTime":"2021-09-09 08:32","market":"us","language":"en","title":"Renewable Storage Firm Energy Vault Reaches $1.6 Billion SPAC Deal to Go Public<blockquote>可再生存储公司Energy Vault达成16亿美元SPAC上市交易</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1168667479","media":"The Wall Street Journal","summary":"Investors in the company include SoftBank and an Aramco venture fund\nEnergy Vault says its block tow","content":"<p>Investors in the company include SoftBank and an Aramco venture fund</p><p><blockquote>该公司的投资者包括软银和阿美风险基金</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1dfa536dc9bd6f97058356554532ec7a\" tg-width=\"1290\" tg-height=\"860\" width=\"100%\" height=\"auto\"><span>Energy Vault says its block tower system can help address the challenge of providing clean power around the clock.</span></p><p><blockquote><p class=\"t-img-caption\"><span>Energy Vault表示，其block tower系统可以帮助解决全天候提供清洁电力的挑战。</span></p></blockquote></p><p> Energy Vault Inc. is combining with a blank-check company to go public in a merger that values the gravity-based energy-storage company at roughly $1.6 billion, the companies said.</p><p><blockquote>两家公司表示，Energy Vault Inc.正在与一家空白支票公司合并上市，这家基于重力的储能公司的估值约为16亿美元。</blockquote></p><p> Energy Vault uses a block tower system to store and release renewable energy from wind and solar operations. Employing software to gauge when power demand is low, it uses surplus renewable energy to essentially store power by constructing the tower with a crane. When demand rises, the crane unstacks the tower, producing kinetic energy by dropping the blocks so that they can turn generators and create electricity.</p><p><blockquote>Energy Vault使用块塔系统来存储和释放风能和太阳能运营中的可再生能源。它利用软件来测量电力需求何时较低，利用剩余的可再生能源通过用起重机建造塔来储存电力。当需求上升时，起重机将塔卸下，通过放下石块来产生动能，这样它们就可以转动发电机并发电。</blockquote></p><p> Founded in 2017, the company aims to produce renewable energy even when the weather is cloudy or calm. That would help address the challenge of generating low-cost renewable power around the clock, one of the main hurdles to making clean energy more mainstream. Energy Vault says it can build its tower system in a cheap, sustainable way.</p><p><blockquote>该公司成立于2017年，旨在即使在天气多云或平静的情况下也能生产可再生能源。这将有助于解决全天候生产低成本可再生能源的挑战，这是使清洁能源更加主流的主要障碍之一。Energy Vault表示，它可以以廉价、可持续的方式建造其塔系统。</blockquote></p><p> The special-purpose acquisition company, or SPAC, that is taking the company public is Novus Capital Corp. II.</p><p><blockquote>使该公司上市的特殊目的收购公司（SPAC）是Novus Capital Corp.II。</blockquote></p><p> The deal comes as Wall Street lines up trillions of dollars behind the green transition and more government emissions mandates take hold. After connecting a demonstration unit to the Swiss energy grid last year, Energy Vault expects its first sales in 2022, then rapid growth as customers across industries demand clean energy.</p><p><blockquote>该协议达成之际，华尔街为绿色转型投入了数万亿美元，政府出台了更多排放指令。在去年将一个示范装置连接到瑞士能源网后，Energy Vault预计将于2022年实现首次销售，然后随着各行业客户对清洁能源的需求而快速增长。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/30b5ca79d2bc0cfe099e67d8708f80b3\" tg-width=\"439\" tg-height=\"690\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> “We need as much as we can get,” Robert Piconi, Energy Vault’s chief executive officer, said in an interview. “We’re seeing all the demand even come forward.”</p><p><blockquote>Energy Vault首席执行官罗伯特·皮科尼(Robert Piconi)在接受采访时表示：“我们需要尽可能多的东西。”“我们看到所有的需求都出现了。”</blockquote></p><p> Based in Westlake Village, Calif., the company recently raised $100 million from investors including Japanese tech conglomerate SoftBank Group Corp. and a venture fund run by Saudi Arabian Oil Co., better known as Aramco.</p><p><blockquote>该公司总部位于加利福尼亚州西湖村，最近从日本科技集团软银集团和沙特阿拉伯石油公司（俗称阿美公司）运营的风险基金等投资者那里筹集了1亿美元。</blockquote></p><p> Energy Vault is expected to raise roughly $100 million as part of the SPAC deal through a private investment in public equity, or PIPE, associated with the merger featuring SoftBank and data-mining software firm Palantir Technologies Inc.Palantir has invested in many companies through PIPEs and reached agreements to work with some of the businesses in which it invests.</p><p><blockquote>作为SPAC交易的一部分，Energy Vault预计将通过对公共股权(PIPE)的私人投资筹集约1亿美元，该投资与软银和数据挖掘软件公司Palantir Technologies Inc.的合并有关。Palantir已通过PIPEs投资了许多公司并与其投资的部分企业达成合作协议。</blockquote></p><p> The Novus Capital SPAC has about $290 million, though some SPAC investors could pull their money out before the deal goes through if the shares trade below their listing price. One of the SPAC team’s previous blank-check firms took indoor farming company AppHarvest Inc. public.</p><p><blockquote>Novus Capital SPAC拥有约2.9亿美元，不过如果股价低于上市价格，一些SPAC投资者可能会在交易完成前撤资。SPAC团队之前的一家空白支票公司将室内农业公司AppHarvest Inc.上市。</blockquote></p><p> Also called a blank-check firm,a SPAC is a shell company that raises money and trades on a stock exchange with the sole intent of merging with a private company to take it public. The private firm then replaces the SPAC in the stock market. SPAC deals have become faster alternatives to traditional initial public offerings, in part because they allow startups going public to make business projections. Those aren’t allowed in IPOs.</p><p><blockquote>SPAC也称为空白支票公司，是一家空壳公司，筹集资金并在证券交易所进行交易，其唯一目的是与私营公司合并并上市。然后，这家私营公司在股票市场上取代了特殊目的收购公司。SPAC交易已经成为传统首次公开募股的更快替代方案，部分原因是它们允许上市的初创公司做出业务预测。这些在首次公开募股中是不允许的。</blockquote></p><p> Even though shares of many companies that merged with SPACs have fallen recently, money continues to pour into the space. There have been 70 SPAC deals tied to renewable energy or sustainability announced since March 2020, according to a Dow Jones Market Data analysis of SPAC Research figures. They collectively value the companies at more than $170 billion, including debt but excluding cash holdings.</p><p><blockquote>尽管许多与SPAC合并的公司的股价最近下跌，但资金仍在继续涌入该领域。根据道琼斯市场数据对SPAC研究数据的分析，自2020年3月以来，已宣布了70笔与可再生能源或可持续发展相关的SPAC交易。他们对这些公司的总估值超过1700亿美元，包括债务，但不包括现金持有。</blockquote></p><p> Energy Vault is also backed by Idealab, a technology incubator founded by clean-energy entrepreneur Bill Gross —sometimes confused with the bond investor Bill Gross, who co-founded investment giant Pacific Investment Management Co. Idealab’s Mr. Gross co-founded Energy Vault and is on the company’s board. He is also CEO of concentrated solar-power startup Heliogen Inc., which announced a $2 billion SPAC deal in July.</p><p><blockquote>Energy Vault还得到了Idealab的支持，Idealab是一家由清洁能源企业家比尔·格罗斯(Bill Gross)创立的技术孵化器，有时会与债券投资者比尔·格罗斯(Bill Gross)混淆，后者是投资巨头太平洋投资管理公司(Pacific Investment Management Co.)的联合创始人。Idealab的格罗斯先生是Energy Vault的联合创始人，并且是公司董事会成员。他还是聚光太阳能初创公司Heliogen Inc.的首席执行官，该公司在7月份宣布了一项20亿美元的SPAC交易。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Renewable Storage Firm Energy Vault Reaches $1.6 Billion SPAC Deal to Go Public<blockquote>可再生存储公司Energy Vault达成16亿美元SPAC上市交易</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRenewable Storage Firm Energy Vault Reaches $1.6 Billion SPAC Deal to Go Public<blockquote>可再生存储公司Energy Vault达成16亿美元SPAC上市交易</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-09-09 08:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Investors in the company include SoftBank and an Aramco venture fund</p><p><blockquote>该公司的投资者包括软银和阿美风险基金</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1dfa536dc9bd6f97058356554532ec7a\" tg-width=\"1290\" tg-height=\"860\" width=\"100%\" height=\"auto\"><span>Energy Vault says its block tower system can help address the challenge of providing clean power around the clock.</span></p><p><blockquote><p class=\"t-img-caption\"><span>Energy Vault表示，其block tower系统可以帮助解决全天候提供清洁电力的挑战。</span></p></blockquote></p><p> Energy Vault Inc. is combining with a blank-check company to go public in a merger that values the gravity-based energy-storage company at roughly $1.6 billion, the companies said.</p><p><blockquote>两家公司表示，Energy Vault Inc.正在与一家空白支票公司合并上市，这家基于重力的储能公司的估值约为16亿美元。</blockquote></p><p> Energy Vault uses a block tower system to store and release renewable energy from wind and solar operations. Employing software to gauge when power demand is low, it uses surplus renewable energy to essentially store power by constructing the tower with a crane. When demand rises, the crane unstacks the tower, producing kinetic energy by dropping the blocks so that they can turn generators and create electricity.</p><p><blockquote>Energy Vault使用块塔系统来存储和释放风能和太阳能运营中的可再生能源。它利用软件来测量电力需求何时较低，利用剩余的可再生能源通过用起重机建造塔来储存电力。当需求上升时，起重机将塔卸下，通过放下石块来产生动能，这样它们就可以转动发电机并发电。</blockquote></p><p> Founded in 2017, the company aims to produce renewable energy even when the weather is cloudy or calm. That would help address the challenge of generating low-cost renewable power around the clock, one of the main hurdles to making clean energy more mainstream. Energy Vault says it can build its tower system in a cheap, sustainable way.</p><p><blockquote>该公司成立于2017年，旨在即使在天气多云或平静的情况下也能生产可再生能源。这将有助于解决全天候生产低成本可再生能源的挑战，这是使清洁能源更加主流的主要障碍之一。Energy Vault表示，它可以以廉价、可持续的方式建造其塔系统。</blockquote></p><p> The special-purpose acquisition company, or SPAC, that is taking the company public is Novus Capital Corp. II.</p><p><blockquote>使该公司上市的特殊目的收购公司（SPAC）是Novus Capital Corp.II。</blockquote></p><p> The deal comes as Wall Street lines up trillions of dollars behind the green transition and more government emissions mandates take hold. After connecting a demonstration unit to the Swiss energy grid last year, Energy Vault expects its first sales in 2022, then rapid growth as customers across industries demand clean energy.</p><p><blockquote>该协议达成之际，华尔街为绿色转型投入了数万亿美元，政府出台了更多排放指令。在去年将一个示范装置连接到瑞士能源网后，Energy Vault预计将于2022年实现首次销售，然后随着各行业客户对清洁能源的需求而快速增长。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/30b5ca79d2bc0cfe099e67d8708f80b3\" tg-width=\"439\" tg-height=\"690\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> “We need as much as we can get,” Robert Piconi, Energy Vault’s chief executive officer, said in an interview. “We’re seeing all the demand even come forward.”</p><p><blockquote>Energy Vault首席执行官罗伯特·皮科尼(Robert Piconi)在接受采访时表示：“我们需要尽可能多的东西。”“我们看到所有的需求都出现了。”</blockquote></p><p> Based in Westlake Village, Calif., the company recently raised $100 million from investors including Japanese tech conglomerate SoftBank Group Corp. and a venture fund run by Saudi Arabian Oil Co., better known as Aramco.</p><p><blockquote>该公司总部位于加利福尼亚州西湖村，最近从日本科技集团软银集团和沙特阿拉伯石油公司（俗称阿美公司）运营的风险基金等投资者那里筹集了1亿美元。</blockquote></p><p> Energy Vault is expected to raise roughly $100 million as part of the SPAC deal through a private investment in public equity, or PIPE, associated with the merger featuring SoftBank and data-mining software firm Palantir Technologies Inc.Palantir has invested in many companies through PIPEs and reached agreements to work with some of the businesses in which it invests.</p><p><blockquote>作为SPAC交易的一部分，Energy Vault预计将通过对公共股权(PIPE)的私人投资筹集约1亿美元，该投资与软银和数据挖掘软件公司Palantir Technologies Inc.的合并有关。Palantir已通过PIPEs投资了许多公司并与其投资的部分企业达成合作协议。</blockquote></p><p> The Novus Capital SPAC has about $290 million, though some SPAC investors could pull their money out before the deal goes through if the shares trade below their listing price. One of the SPAC team’s previous blank-check firms took indoor farming company AppHarvest Inc. public.</p><p><blockquote>Novus Capital SPAC拥有约2.9亿美元，不过如果股价低于上市价格，一些SPAC投资者可能会在交易完成前撤资。SPAC团队之前的一家空白支票公司将室内农业公司AppHarvest Inc.上市。</blockquote></p><p> Also called a blank-check firm,a SPAC is a shell company that raises money and trades on a stock exchange with the sole intent of merging with a private company to take it public. The private firm then replaces the SPAC in the stock market. SPAC deals have become faster alternatives to traditional initial public offerings, in part because they allow startups going public to make business projections. Those aren’t allowed in IPOs.</p><p><blockquote>SPAC也称为空白支票公司，是一家空壳公司，筹集资金并在证券交易所进行交易，其唯一目的是与私营公司合并并上市。然后，这家私营公司在股票市场上取代了特殊目的收购公司。SPAC交易已经成为传统首次公开募股的更快替代方案，部分原因是它们允许上市的初创公司做出业务预测。这些在首次公开募股中是不允许的。</blockquote></p><p> Even though shares of many companies that merged with SPACs have fallen recently, money continues to pour into the space. There have been 70 SPAC deals tied to renewable energy or sustainability announced since March 2020, according to a Dow Jones Market Data analysis of SPAC Research figures. They collectively value the companies at more than $170 billion, including debt but excluding cash holdings.</p><p><blockquote>尽管许多与SPAC合并的公司的股价最近下跌，但资金仍在继续涌入该领域。根据道琼斯市场数据对SPAC研究数据的分析，自2020年3月以来，已宣布了70笔与可再生能源或可持续发展相关的SPAC交易。他们对这些公司的总估值超过1700亿美元，包括债务，但不包括现金持有。</blockquote></p><p> Energy Vault is also backed by Idealab, a technology incubator founded by clean-energy entrepreneur Bill Gross —sometimes confused with the bond investor Bill Gross, who co-founded investment giant Pacific Investment Management Co. Idealab’s Mr. Gross co-founded Energy Vault and is on the company’s board. He is also CEO of concentrated solar-power startup Heliogen Inc., which announced a $2 billion SPAC deal in July.</p><p><blockquote>Energy Vault还得到了Idealab的支持，Idealab是一家由清洁能源企业家比尔·格罗斯(Bill Gross)创立的技术孵化器，有时会与债券投资者比尔·格罗斯(Bill Gross)混淆，后者是投资巨头太平洋投资管理公司(Pacific Investment Management Co.)的联合创始人。Idealab的格罗斯先生是Energy Vault的联合创始人，并且是公司董事会成员。他还是聚光太阳能初创公司Heliogen Inc.的首席执行官，该公司在7月份宣布了一项20亿美元的SPAC交易。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/renewable-storage-firm-energy-vault-reaches-1-6-billion-spac-deal-to-go-public-11631136600?mod=lead_feature_below_a_pos1\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NXU":"Nxu Inc"},"source_url":"https://www.wsj.com/articles/renewable-storage-firm-energy-vault-reaches-1-6-billion-spac-deal-to-go-public-11631136600?mod=lead_feature_below_a_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168667479","content_text":"Investors in the company include SoftBank and an Aramco venture fund\nEnergy Vault says its block tower system can help address the challenge of providing clean power around the clock.\nEnergy Vault Inc. is combining with a blank-check company to go public in a merger that values the gravity-based energy-storage company at roughly $1.6 billion, the companies said.\nEnergy Vault uses a block tower system to store and release renewable energy from wind and solar operations. Employing software to gauge when power demand is low, it uses surplus renewable energy to essentially store power by constructing the tower with a crane. When demand rises, the crane unstacks the tower, producing kinetic energy by dropping the blocks so that they can turn generators and create electricity.\nFounded in 2017, the company aims to produce renewable energy even when the weather is cloudy or calm. That would help address the challenge of generating low-cost renewable power around the clock, one of the main hurdles to making clean energy more mainstream. Energy Vault says it can build its tower system in a cheap, sustainable way.\nThe special-purpose acquisition company, or SPAC, that is taking the company public is Novus Capital Corp. II.\nThe deal comes as Wall Street lines up trillions of dollars behind the green transition and more government emissions mandates take hold. After connecting a demonstration unit to the Swiss energy grid last year, Energy Vault expects its first sales in 2022, then rapid growth as customers across industries demand clean energy.\n\n“We need as much as we can get,” Robert Piconi, Energy Vault’s chief executive officer, said in an interview. “We’re seeing all the demand even come forward.”\nBased in Westlake Village, Calif., the company recently raised $100 million from investors including Japanese tech conglomerate SoftBank Group Corp. and a venture fund run by Saudi Arabian Oil Co., better known as Aramco.\nEnergy Vault is expected to raise roughly $100 million as part of the SPAC deal through a private investment in public equity, or PIPE, associated with the merger featuring SoftBank and data-mining software firm Palantir Technologies Inc.Palantir has invested in many companies through PIPEs and reached agreements to work with some of the businesses in which it invests.\nThe Novus Capital SPAC has about $290 million, though some SPAC investors could pull their money out before the deal goes through if the shares trade below their listing price. One of the SPAC team’s previous blank-check firms took indoor farming company AppHarvest Inc. public.\nAlso called a blank-check firm,a SPAC is a shell company that raises money and trades on a stock exchange with the sole intent of merging with a private company to take it public. The private firm then replaces the SPAC in the stock market. SPAC deals have become faster alternatives to traditional initial public offerings, in part because they allow startups going public to make business projections. Those aren’t allowed in IPOs.\nEven though shares of many companies that merged with SPACs have fallen recently, money continues to pour into the space. There have been 70 SPAC deals tied to renewable energy or sustainability announced since March 2020, according to a Dow Jones Market Data analysis of SPAC Research figures. They collectively value the companies at more than $170 billion, including debt but excluding cash holdings.\nEnergy Vault is also backed by Idealab, a technology incubator founded by clean-energy entrepreneur Bill Gross —sometimes confused with the bond investor Bill Gross, who co-founded investment giant Pacific Investment Management Co. Idealab’s Mr. Gross co-founded Energy Vault and is on the company’s board. He is also CEO of concentrated solar-power startup Heliogen Inc., which announced a $2 billion SPAC deal in July.","news_type":1,"symbols_score_info":{"NXU":0.9}},"isVote":1,"tweetType":1,"viewCount":555,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":7,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/889297685"}
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