FRVO
Fervo Energy Co.
NASDAQ · Utilities · Regulated Electric · US
$16.91
+1.50%Sep 11, 2026, 17:15 UTC
Fervo Energy signed a 396-megawatt power purchase agreement with Google for electricity from its Cape Station geothermal project in southwestern Utah, with delivery starting in the third quarter of 2028.
Source:Sep 8, 2026, 16:00 UTC
NLR and NETL launched the Geothermal Center of Excellence at NLR's South Table Mountain Campus in Golden, Colorado, with support from multiple national laboratories and an industry advisory board.
Source:Sep 5, 2026, 12:20 UTC
Fervo Energy's Cape Station enhanced geothermal project in Milford, Utah, is on pace to begin sending power to the grid next month, becoming the first enhanced geothermal system in the U.S. to reach commercial operation.
Source:Sep 1, 2026, 10:11 UTC
Fervo Energy announced it will invest over $2 billion in the Cape Station geothermal project in southwestern Utah, with the first phase expected to deliver power to the grid later this year.
Source:Sep 1, 2026, 10:03 UTC
Fervo Energy announced a geothermal agreement with Google, boosting its stock price by 16%.
Aug 12, 2026, 16:04 UTC
Fervo Energy advanced 400 megawatts of capacity into advanced development during Q2 2026 and expanded its geothermal mineral-rights position to more than 650,000 acres.
Source:Aug 12, 2026, 00:00 UTC
Fervo Energy Co secured $421 million in non-recourse project debt financing for Cape Station Phase I.
Aug 3, 2026, 11:00 UTC
Fervo Energy announced it will release its second quarter 2026 financial and operational results on August 12, 2026, before the market opens, and will host a webcast and conference call the same day.
Jul 16, 2026, 15:36 UTC
Geothermal energy company Fervo raised nearly $2.2 billion in its IPO in May 2026, planning to invest $1.2 billion in a Utah power plant.
Source:Jun 22, 2026, 10:05 UTC
Fervo Energy, NVIDIA, and Pacific Northwest National Laboratory announced an agreement to develop a next-generation digital twin platform for Enhanced Geothermal Systems technology, known as EGS-Twin.
Source:Jun 22, 2026, 00:00 UTC
Fervo Energy Co reported Q1 2026 financial results with revenue of $61,000 and a net loss of $31.8 million.
Source:Jun 10, 2026, 12:00 UTC
Fervo Energy promoted Sarah Jewett to Chief Operating Officer.
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