Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Energy Vault Holdings, Inc. is a grid-scale energy storage company focused on providing long-duration energy storage solutions that support the integration of renewable power and grid reliability. The company operates within the energy storage, renewable energy, and power infrastructure industries, serving utilities, independent power producers, and large commercial and industrial customers. Its core offerings include gravity-based energy storage systems, lithium-ion battery energy storage systems, and hybrid solutions designed to balance intermittency from wind and solar generation.
Founded in 2017, Energy Vault initially gained attention for its proprietary gravity-based storage technology that uses elevated masses to store and release energy. Over time, the company expanded its business model to include battery-based storage and energy management software, reflecting market demand and project economics. Energy Vault became a publicly traded company in 2022 through a business combination and has since positioned itself as a technology-agnostic provider of long-duration and utility-scale storage solutions.
Business Operations
Energy Vault generates revenue through the development, engineering, procurement, construction, and long-term operation of energy storage projects. Its primary business segments include Gravity Energy Storage Systems, Battery Energy Storage Systems, and Energy Management Software, which are often deployed together as integrated solutions. The company also earns revenue from system sales, licensing of technology, and long-term service agreements.
Operations span both domestic and international markets, with projects under development or execution in North America, Europe, Asia, and Australia. Energy Vault controls proprietary gravity storage designs, project-level assets, and software platforms that optimize dispatch and grid integration. The company works with utilities, renewable developers, and infrastructure partners, and operates through multiple wholly owned subsidiaries that manage regional development and project execution.
Strategic Position & Investments
Energy Vault’s strategy centers on enabling the global energy transition by providing flexible, long-duration storage solutions that complement renewable generation. Growth initiatives include expanding its project pipeline, scaling battery-based storage deployments, and advancing gravity-based technology where long-duration storage economics are favorable. The company has pursued selective acquisitions and technology integrations to broaden its storage portfolio and accelerate commercialization.
Notable investments include the development of utility-scale storage projects in partnership with power producers and infrastructure investors. Energy Vault has also focused on expanding its software and systems integration capabilities to differentiate itself from single-technology competitors. Its involvement in long-duration storage aligns with emerging grid needs driven by higher renewable penetration and evolving regulatory frameworks.
Geographic Footprint
Energy Vault is headquartered in North America, with its corporate headquarters in the United States, and maintains a global operational presence. The company has active development and project activities across Europe, Asia, and Australia, reflecting its strategy to serve regions with aggressive renewable energy targets and grid modernization efforts.
Internationally, Energy Vault has established local subsidiaries and partnerships to support project development, regulatory compliance, and construction. Its geographic diversification allows the company to participate in multiple energy markets and reduce reliance on any single regulatory or utility environment.
Leadership & Governance
Energy Vault is led by a management team with experience across energy infrastructure, technology commercialization, and capital markets. The leadership emphasizes disciplined project execution, technology flexibility, and alignment with long-term decarbonization goals. Governance practices follow U.S. public company standards, with oversight from an independent board of directors.
Key executives include:
- Robert Piconi – Chairman and Chief Executive Officer
- Ravi Malhotra – Chief Financial Officer
- Marco Terruzzin – Chief Commercial and Product Officer
- Sascha Mayer – Co-Founder and Chief Innovation Officer
- Jeffrey Weiss – Chief Legal Officer and Corporate Secretary