SCHEDULE: BlackRock Discloses 6% Stake in Energy Vault Holdings
Schedule 13G Filing
BlackRock, Inc. has reported a beneficial ownership of 6.0% in Energy Vault Holdings, Inc. common stock as of June 30, 2026.
Summary
- BlackRock, Inc. has filed a Schedule 13G, indicating its beneficial ownership of Energy Vault Holdings, Inc. common stock.
- As of June 30, 2026, BlackRock beneficially owns 10,651,131 shares, representing 6.0% of the class of securities.
- This ownership includes sole voting power over 10,392,083 shares and sole dispositive power over 10,651,131 shares.
- The filing clarifies that this reflects securities owned by certain reporting business units of BlackRock, Inc. and its subsidiaries and affiliates.
- No single person's interest in the common stock exceeds five percent of the total outstanding shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral score as the filing is a routine disclosure of beneficial ownership by a major institutional investor and does not provide performance-related information.
Positives
- Significant institutional ownership by a major asset manager like BlackRock can signal confidence in the company's long-term prospects.
- BlackRock's investment suggests a belief in Energy Vault's business model and potential for growth.
Negatives
- The filing is a standard disclosure for significant institutional investors and does not inherently contain negative information about the company's performance.
Risks
- The filing does not explicitly mention any risks related to Energy Vault Holdings, Inc.
Future Outlook
The filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Energy Vault Holdings, Inc.'s future performance.
Management Comments
- BlackRock, Inc. certifies that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.
Industry Context
StockSavvy.ai notes that significant stake acquisitions by large asset managers like BlackRock in companies within the energy storage sector, such as Energy Vault, often reflect growing investor interest in sustainable energy solutions and the potential for technological disruption.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Revocation | The Power of Attorney dated January 21, 2025, expressly revokes the power of attorney dated April 30, 2023. | 2025-01-21 | Ensures that the most current delegation of authority for executing regulatory filings is in effect. |
Stakeholder Impact
- Shareholders may view BlackRock's increased stake as a positive indicator of institutional confidence in Energy Vault Holdings, Inc.
Next Steps
- BlackRock, Inc. will continue to comply with ownership or control-person reporting requirements imposed by governmental or regulatory authorities.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Previous Power of Attorney dated April 30, 2023, revoked by the new power of attorney. |
| 2025-01-21 | Date of the new Power of Attorney executed by BlackRock, Inc. |
| 2026-06-30 | Date of Event Which Requires Filing of this Statement (Reporting date for beneficial ownership). |
| 2026-07-28 | Date of signature on the Schedule 13G filing. |
Keywords
Energy Vault Holdings, BlackRock, Schedule 13G, Institutional Investor, Common Stock, Beneficial Ownership, Delaware, Investment Management
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