Energy Vault Holdings Inc. has successfully closed a $28 million project financing deal for its Calistoga Resiliency Center (CRC) in California. The CRC, serving California's PG&E, is the world's first ultra-long duration hybrid green hydrogen energy storage microgrid. This state-of-the-art facility integrates advanced hydrogen fuel cells with lithium-ion batteries to address power resiliency challenges, particularly during Public Safety Power Shutoff events due to wildfire risks. The CRC offers a sustainable solution by providing 48 hours of continuous energy supply using green hydrogen during safety shutoffs, ensuring power to the Calistoga community. Energy Vault's innovative B-VAULT™ DC battery technology complements the fuel cells to maintain grid stability. The system aligns with California's Renewable Portfolio Standard and PG&E's energy storage requirements, managed by Energy Vault's technology-agnostic VaultOS™ Energy Management System. The CRC's completion is a significant step towards enhancing energy resilience in the face of increasing wildfire risks, providing critical services during power shutoffs. The project reflects a focus on sustainable, carbon-free energy solutions, contributing to California's energy goals and community safety.