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Project financing arranged for Cross Trails BESS project in ERCOT market

by Kali Persall | Aug 5, 2025

Energy Vault, a company that develops, deploys and operates utility-scale energy storage solutions, has locked in $18 million of project financing from Eagle Point Credit Management to support its 57-megawatt/114-megawatt-hour Cross Trails battery energy storage system.

U.S. job growth slows sharply in July

by Andrea Zander | Aug 4, 2025

Nonfarm payrolls rose by just 73,000 in July, showing minimal change for the third straight month, according to the U.S. Bureau of Labor Statistics.
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