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Fervo Energy
fervoenergy.com ↗Enhanced geothermal systems using horizontal drilling and fiber optic sensing borrowed from oil & gas industry
Geothermal
Funding
IPO priced May 13, 2026 at $27/share, $1.89B gross proceeds (NASDAQ: FRVO); Series E (Dec 2025) at $2.86B post-money
Stage
Public (NASDAQ: FRVO)
HQ
Houston TX / heavy NREL/CO ties
Founded
2017
The Current Angle
Just IPO'd May 2026 at $27/share; Google-backed; $1.5B raised; the bellwether for whether next-gen geothermal is commercially bankable — huge story right now
Leadership
- TLTim LatimerFounder & CEO
Snapshot
- Target customer
- Utility, Enterprise / Industrial
HQ location
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