Events
Jenny Speck to Speak at Lockton U.S. Energy Risk Summit
Partner Jenny Speck will speak at Lockton’s U.S. Energy Risk Summit on November 12, 2026, in Houston, Texas. The summit …
November 12, 2026
November 12, 2026 • 1-minute read
Vinson & Elkins represented Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault”) in connection with a $140,000,000 aggregate principal amount debut Rule 144A marketed convertible notes offering of 5.250% convertible senior notes due 2031 (the “Notes”) and related capped call transactions. The offering closed on February 17, 2026. Proceeds from the offering were used to fund the capped call,refinance existing convertible notes held by a private investor and for general corporate purposes. Energy Vault also granted the initial purchasers of the Notes an option to purchase, for settlement within a 13-day period, beginning on, and including, the date on which the Notes are first issued, up to an additional $20.0 million aggregate principal amount of the Notes.
The Vinson & Elkins corporate team was led by Partners Ben Heriaud and David Stone, with assistance from Senior Associate Nick Wetzeler and Associates John Sasso, Alexis Pawlowski, and Sabrina Wang. Also advising were Partners Wendy Salinas, Lina Dimachkieh, Jenny Speck, and Senior Associate Lauren Nieman; Partners Caitlin Lawrence, Leila Ravi, and Aaron Prince and Associates Darren Fox, Fon Kunanusorn, and Cam Viney; and Partners Patricia Adams and David D’Alessandro and Associate Henry Crowell.
About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 14 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.
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