Energy Vault Holdings, Inc. has appointed Nitin Dahiya, CFA, as Chief Financial Officer to strengthen its executive leadership team. The company is accelerating its transformation into a diversified global power infrastructure platform. Dahiya brings extensive experience to the role as the firm expands its sustainable grid-scale energy storage and AI compute infrastructure solutions globally.

Executive Leadership Strengthening

The appointment of Nitin Dahiya is part of Energy Vault's strategy to bolster its management structure. The company focuses on sustainable grid-scale energy storage and AI compute infrastructure solutions. This leadership addition aims to support the company's growth and operational scaling in the energy sector.

Strategic Transformation

Energy Vault is positioning itself as a diversified global power infrastructure platform. The company offers solutions that integrate energy storage with AI compute infrastructure. This strategic shift is supported by key executive hires to drive long-term value and operational excellence.

Energy Vault Holdings, Inc. has joined the Russell 2000 Index following the conclusion of the 2026 Russell indexes annual reconstitution. The inclusion is effective Monday, June 29, 2026, at market open. This development marks a significant milestone for the company, which specializes in sustainable grid-scale energy storage and AI compute infrastructure solutions.

The Russell 2000 Index measures the performance of the small-cap segment of the US equity market. Membership in the index often leads to increased visibility and trading volume for constituent stocks as index funds and institutional investors adjust their portfolios to match the index's composition.

Energy Vault's addition to the index reflects its standing in the market. The company's shares are listed on the NYSE under the ticker symbol NRGV.