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Press Release

Fervo Energy Achieves First Power at Cape Station, a Landmark Moment for the Future of Enhanced Geothermal Systems

HOUSTON, September 24, 2026 – Fervo Energy (Nasdaq: FRVO), a global pioneer of next-generation geothermal energy, today announced that Cape Station, its flagship geothermal development in Beaver County, Utah, has ...

Press Release

Fervo Energy Secures Two U.S. Department of Energy Awards to Develop Next-Generation Geothermal in Idaho and Nevada

HOUSTON, September 22, 2026 – Fervo Energy (Nasdaq: FRVO), a global pioneer of next-generation geothermal energy, today announced it has received two U.S. Department of Energy awards totaling approximately $20 ...

Press Release

Fervo Energy and Google Sign 396 MW PPA

Power purchase agreement marks world’s largest enhanced geothermal PPA to date and is expected to accelerate the delivery of 24/7, carbon-free power from the Cape Station GeoCluster in Utah HOUSTON, ...

Press Release

Fervo Energy Reports Second Quarter 2026 Results

HOUSTON, Aug. 12, 2026 — Fervo Energy Company (“Fervo” or the “Company”) (NASDAQ: FRVO), the global pioneer of next-generation geothermal energy, today reported financial and operational results for the second ...

Press Release

Fervo Energy to Report Second Quarter 2026 Results on August 12, 2026

HOUSTON, Aug. 03, 2026 — Fervo Energy (“Fervo” or the “Company”) (NASDAQ: FRVO), a global pioneer of next-generation geothermal energy, today announced that it will release second quarter 2026 financial ...

Press Release

Fervo Energy Learning Curve Continues on 3rd Generation Well Design, Boosting Drilling Rates by 143% Since Its First Cape Station Well

Sawtooth 7 sets a new drilling pace record, reaching 19,448 feet measured depth with a 7,500-foot lateral in 21 days HOUSTON, July 8, 2026 — Fervo Energy, the leader in ...

Press Release

Fervo Energy Reports First Quarter 2026 Results

HOUSTON, June 22, 2026 — Fervo Energy Company (“Fervo” or the “Company”) (NASDAQ: FRVO), a leading technology-enabled independent power producer of Enhanced Geothermal Systems (EGS), today reported financial and operational ...

Press Release

Fervo Energy and PNNL Leverage AI and NVIDIA Accelerated Computing for New Digital Twin Platform Designed to Advance Geothermal Development 

New platform will integrate real-time field data, physics-based modeling, and AI to advance critical geothermal infrastructure and maximize power generation HOUSTON, TX (June 22, 2026) – Fervo Energy (Nasdaq: FRVO), the global pioneer ...

Press Release

Fervo Energy to Report First Quarter 2026 Results on June 22, 2026

HOUSTON, June 12, 2026 — Fervo Energy Company (“Fervo” or the “Company”) (NASDAQ: FRVO), a leading technology-enabled independent power producer of Enhanced Geothermal Systems (EGS), today announced that it will ...

Press Release

Fervo Energy Names Sarah Jewett Chief Operating Officer as Geothermal Build-Out Accelerates

New COO role centralizes key business functions to help the company scale with greater speed, discipline, and confidence HOUSTON, TX (June 10, 2026) – Fervo Energy (Nasdaq: FRVO), the global ...

Press Release

Fervo Energy Announces Pricing of its Upsized Initial Public Offering

HOUSTON, TX (May 12, 2026) – Fervo Energy (“Fervo” or the “Company”) today announced the pricing of its upsized initial public offering (“IPO”) of 70,000,000 shares of its Class A common ...

Press Release

Fervo Energy Announces Upsized Proposed Initial Public Offering

HOUSTON, TX (May 11, 2026) – Fervo Energy (“Fervo” or the “Company”) today announced it has upsized its proposed initial public offering (“IPO”) of its Class A common stock. The Company plans to ...

Press Release

Fervo Energy Announces Launch of its Initial Public Offering

HOUSTON, TX (May 4, 2026) – Fervo Energy (“Fervo” or the “Company”) today announced the launch of the Company’s roadshow for its initial public offering (“IPO”) of 55,555,555 shares of its ...

Press Release

Fervo Energy Publicly Announces Filing of Registration Statement for Proposed Initial Public Offering

HOUSTON, TX (April 17, 2026) – Fervo Energy today announced it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating ...

Press Release

Fervo Energy Expands Board of Directors, Adding Four Directors with Deep Expertise in Energy, Finance, Engineering, and Governance

HOUSTON, TX (April 14, 2026) – Fervo Energy today announced the appointment of four new members to its Board of Directors: Meg Whitman as Lead Independent Director, Robert Keehan and ...

Press Release

Fervo Energy and Vallourec Announce Long-Term Supply Agreement to Scale Domestic Geothermal Infrastructure

Five-year deal represents up to $800 million in potential revenue and establishes a fully domestic supply chain for next-generation geothermal development Youngstown, Ohio, April 9, 2026 – Vallourec, a world ...

Press Release

Fervo Energy and Turboden Announce New 1.7 GW Turbine Supply Framework Agreement

Framework agreement secures Turboden Organic Rankine cycle (ORC) turbines for up to 35 GeoBlocks – Fervo’s standardized 50 MW ORC power plants – ensuring a robust supply chain and dependable ...

Press Release

Fervo Energy Secures $421 Million in Non-Recourse Project Financing for Cape Station

HOUSTON, TX (March 19, 2026) – Fervo Energy, the global pioneer of next-generation geothermal deployment, today announced the successful close of $421 million in non-recourse debt financing for the first ...

Press Release

Fervo Energy Drills Hottest Well to Date at New Giga-Scale Geothermal Project Site

The successful appraisal campaign expands Fervo’s development pipeline; confirmed geothermal resource exceeding 555°F demonstrates near-term scalability HOUSTON, TX (February 9, 2026) – Fervo Energy, a leader in next-generation geothermal development, ...

Press Release

ABB selected by Fervo Energy to deliver equipment and technology for next-generation geothermal project

ABB has signed an agreement with Fervo Energy, a Texas-based leader in enhanced geothermal systems, to supply advanced motor control solutions for the Cape Station geothermal project in Southwest Utah, ...

Press Release

Fervo Energy Raises $462 Million Series E to Accelerate Geothermal Development and Meet Surging Energy Demand with Clean, Firm Power

Oversubscribed Series E Round Led by B Capital to Support Flagship Cape Station Developmentand Advance Delivery of 24/7 Carbon-Free Power at Scale HOUSTON, TX (December 10, 2025) — Fervo Energy, ...

Press Release

Fervo Energy Launches Geothermal Sustainable Development Pact to Set a New Standard for Responsible Growth

Invites developers, operators, policymakers, and community partners to join a shared commitment to responsible geothermal growth. HOUSTON, TX (October 23, 2025) – Fervo Energy today announced the launch of the ...

Press Release

Turboden selected to deliver 180 MW of Fervo’s Gen 2 ORC Power Plants at Cape Station in Utah.

Houston, Texas – October 2nd, 2025 — Turboden America LLC., subsidiary of Turboden S.p.A (Mitsubishi Heavy Industries Group company), is pleased to announce the award of Phase II of the ...

Press Release

Baker Hughes Selected by Fervo Energy to Deliver Geothermal Power Generation Equipment for Innovative New Power Plants

HOUSTON and LONDON, Sept. 02, 2025 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday an award from Fervo Energy Company, the leader in next-generation geothermal energy, to design and deliver equipment for ...

Press Release

Fervo Energy Secures $206 Million In New Financing To Accelerate Cape Station Development

Cape Station Phase I unlocks multi-million-dollar project capital, cementing EGS as a bankable clean energy solution. HOUSTON, TX (June 11, 2025) – Fervo Energy (“Fervo”), the market leader in commercial ...

Press Release

Fervo Energy Drills 15,000-FT, 500°F Geothermal Well Pushing The Envelope For EGS Deployment

This successful appraisal well paves the way for new productivity records for the geothermal energy industry HOUSTON, TX (June 10, 2025) – Fervo Energy today announced the successful drilling and ...

Press Release

Fervo Energy Announces 31 MW Power Purchase Agreement with Shell Energy

New PPA expands Fervo’s Cape Station to 500 MW, driven by surging demand for 24/7 clean energy HOUSTON, TX (April 15, 2025) – Fervo Energy (“Fervo”), the leader in next-generation ...

Press Release

Clean Power Alliance’s Expanded Carbon-Free Geothermal Supply Will Avoid 173 Million Pounds of Greenhouse Gas Emissions Annually

Los Angeles, Calif., Feb. 28, 2025 (GLOBE NEWSWIRE) — Clean Power Alliance (CPA), the nation’s leading green power provider and California’s largest community choice energy aggregator, has approved a new ...

Press Release

Fervo Energy Secures Additional $255 Million Funding to Meet Unprecedented Energy Demand

HOUSTON, TX (December 19, 2024) – Fervo Energy (“Fervo”), the leader in next-generation geothermal development, today announced that it has secured $255 million in new funding and capital availability as ...

Press Release

Fervo Energy, Southern Utah University, and Elemental Impact Launch Geothermal Apprenticeship Program

The new workforce development program focused on subsurface operations will provide hands-on and virtual instruction for up to 40 individuals through 2024

Press Release

X-Caliber Rural Capital Affiliate Closes $100MM Loan for World’s Largest Next Generation Geothermal Energy Project

IRVINGTON, N.Y. (September 10, 2024) – X-Caliber Rural Capital (“XRC”) today announced that its affiliate, XRL-ALC, LLC, (“XRA”), has closed a $100MM bridge loan to support Phase I development of ...

Press Release

Fervo Energy’s Record-Breaking Production Results Showcase Rapid Scale Up Of Enhanced Geothermal

Second Fervo Energy Technology Day highlights continued success at Cape Station and growing financial traction, placing Fervo at the forefront of 24/7 carbon-free energy delivery HOUSTON, TX (September 10, 2024) ...

Press Release

Fervo Energy Announces 320 MW Power Purchase Agreements with Southern California Edison

World’s largest geothermal PPAs highlight increasing utility demand for clean, reliable next-generation geothermal energy

Press Release

Turboden and Fervo Energy Establish Partnership to Propel Geothermal Energy Innovation

Brescia, April 22nd – Turboden, a global leader in Organic Rankine Cycle (ORC) systems, proudly announces a groundbreaking collaboration with Fervo Energy, a pioneer in enhanced geothermal systems (EGS). Together, ...

Press Release

Fervo Energy Raises $244 Million to Accelerate Deployment of Next-Generation Geothermal

Fervo Energy, the leader in next-generation geothermal development, today announced that it has raised $244 million in new funding led by Devon Energy, a pioneer in shale oil and ...

Press Release

Fervo Energy Drilling Results Show Rapid Advancement of Geothermal Performance

Drilling operations at Fervo’s Cape Station show 70% year-over-year reduction in drilling times and pave the way for rapid geothermal deployment

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