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Fervo Energy Enhanced Geothermal IPO

Sector: Geothermal • Location: Houston (headquarters), Nevada, United States

Source: Gotrade

Project
Planned Ipo

Fervo Energy, a Houston-based geothermal startup, filed to raise up to $1.3 billion in an IPO at a $6.5 billion valuation. The company uses enhanced geothermal systems and horizontal drilling techniques to access heat in locations traditional geothermal cannot reach. It operates a commercial demonstration project in Nevada and has power supply agreements with Google for hyperscale data centers.

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Project Information

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The project “Fervo Energy Enhanced Geothermal IPO” is an infrastructure initiative in the Geothermal sector, located in Houston (headquarters), Nevada, United States. Taiyo aggregates data on it from Gotrade.

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planned ipo

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Description

Description

Fervo Energy, a Houston-based geothermal startup, filed to raise up to $1.3 billion in an IPO at a $6.5 billion valuation. The company uses enhanced geothermal systems and horizontal drilling techniques to access heat in locations traditional geothermal cannot reach. It operates a commercial demonstration project in Nevada and has power supply agreements with Google for hyperscale data centers.

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