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Tag: Fervo Energy
Vallourec Secures $800 Million US Geothermal Deal With Fervo Energy
April 9, 2026
French industrial group Vallourec has secured a five-year exclusive contract with US-based Fervo Energy, targeting up to $800 million in revenue from next-generation geothermal projects. The agreement marks a significant...
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Fervo Energy Secures $206M to Fully Fund Cape Station Phase I, Advancing 500 MW of Firm Clean Power
June 12, 2025
Fervo Energy has secured $206 million in new funding to complete Phase I of Cape Station—set to become the world’s largest enhanced geothermal systems (EGS) development. This financing milestone cements...
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Fervo Energy Secures $255 Million to Build World’s Largest Geothermal Power Development
January 3, 2025
Fervo Energy, a pioneer in next-generation geothermal energy, announced $255 million in new funding to accelerate the deployment of its enhanced geothermal systems (EGS) projects. The funding includes $135 million...
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