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Cape Station Geothermal Project

Sector: Geothermal • Location: Utah, United States

Source: POWER Magazine

Project
Under Construction

Cape Station is a geothermal energy project in Beaver County, Utah, developed by Fervo Energy. It is designed to have about 100 MW of operating generation capacity by early next year and eventually scale to 500 MW. The project is fully contracted through power purchase agreements with Southern California Edison, Shell Energy, and community choice aggregators. The first phase has secured $421 milli

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The project “Cape Station Geothermal Project” is an infrastructure initiative in the Geothermal sector, located in Utah, United States. Taiyo aggregates data on it from POWER Magazine.

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under construction

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Description

Description

Cape Station is a geothermal energy project in Beaver County, Utah, developed by Fervo Energy. It is designed to have about 100 MW of operating generation capacity by early next year and eventually scale to 500 MW. The project is fully contracted through power purchase agreements with Southern California Edison, Shell Energy, and community choice aggregators. The first phase has secured $421 million in non-recourse debt financing to fund remaining construction costs and support credit requirements.

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