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Cape Station Geothermal Project

Sector: Power Transmission • Location: Utah, United States

Source: Latitude Media

Project
Under Construction

Cape Station is Fervo Energy's flagship utility-scale enhanced geothermal plant in Utah, set to start delivering power to the grid in fall 2026. The project is fully contracted through power purchase agreements with Southern California Edison, Shell Energy, and community choice aggregators. It has secured $421 million in commercial project finance, including a $309 million construction-to-term loa

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

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Description

Description

Cape Station is Fervo Energy's flagship utility-scale enhanced geothermal plant in Utah, set to start delivering power to the grid in fall 2026. The project is fully contracted through power purchase agreements with Southern California Edison, Shell Energy, and community choice aggregators. It has secured $421 million in commercial project finance, including a $309 million construction-to-term loan, a $61 million tax credit bridge loan, and a $51 million letter of credit facility, backed by major banks.

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