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Emerging.

Fervo Energy

Public companyUSfounded 20171 field

Website

Where it works

Technology
Advanced geothermalBuilds enhanced geothermal plants using horizontal drilling; runs Cape Station in Utah.

Events

DateEvent
Sep 24, 2026Fervo Cape Station reaches first powerfervoenergy.com· Milestone· Advanced geothermal
Sep 22, 2026Fervo wins two DOE awards worth about $20 millionfervoenergy.com· Funding· Advanced geothermal
Sep 1, 2026Fervo and Google sign 396 MW power purchase agreementfervoenergy.com· Deal· Advanced geothermal
Jul 8, 2026Fervo drills Sawtooth 7 in a record 21 daysfervoenergy.com· Milestone· Advanced geothermal
May 12, 2026Fervo prices upsized IPO on Nasdaqfervoenergy.com· Milestone· Advanced geothermal
Apr 7, 2026Fervo and Turboden sign 1.7 GW turbine frameworkfervoenergy.com· Deal· Advanced geothermal
Mar 19, 2026Fervo closes $421 million project financing for Cape Stationfervoenergy.com· Funding· Advanced geothermal
Feb 9, 2026Fervo drills its hottest well at Project Blanford, Utahfervoenergy.com· Milestone· Advanced geothermal

Funding

DateRoundAmount
May 12, 2026IPO$1.9B
Mar 19, 2026Project debt financingLed by Barclays, BBVA$421M
Dec 10, 2025Series ELed by B Capital$462M
About
Source
fervoenergy.com (official, added by seed)
First seen
Sep 25, 2026
Last seen
Sep 25, 2026

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