NRGV

In the past six months, NRGV closed financing for 275 MW of engine generation for AI infrastructure and accelerated its 125 MW / 1 GWh Stoney Creek Battery Energy Storage System (BESS) project in Australia. Its 100 MW AI Infrastructure Project in Sardinia, Italy, received national strategic interest designation, and the company acquired approximately 2.3 GW of U.S. battery energy storage development projects. While Q2 2026 EPS missed expectations, full-year revenue and gross margin guidance were raised. A former executive sold shares, but earlier acquisitions of BESS portfolios in Japan and Texas positively impacted the stock. Citi raised its price target to $6 with a Buy rating, citing improved project pipeline and benefits from AI-related power demand. The stock experienced a strong rally in September due to AI-data-center-linked storage announcements but also saw declines from broader market selloffs, with a 1-year change of +67.5% as of September 18, 2026.