Fervo Energy Raises $462M for Geothermal Power Plants
Update: 2025-12-10
Description
Fervo Energy, a geothermal startup, secures $462M to build large-scale power plants, including their Cape Station project in Utah. This funding, led by B Capital and Google, will support the plants completion by 2026. Fervos efficient drilling technology and growing demand from data centers boost the prospects of enhanced geothermal power.
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