NRG-005 Energy & Climate · Public
Fervo Energy
Enhanced geothermal using oil-and-gas drilling techniques.
- Founded
- 2017
- 9 years ago
- Total raised
- $3.2B
- Disclosed equity, Sep 2026
- Team
- 261
- Headcount, Sep 2026
1 General description
Applies horizontal drilling and fracturing from the oil and gas industry to create geothermal reservoirs in hot rock. Its Cape Station in Utah began delivering power in 2026, the year Fervo listed on Nasdaq.
2 Features
3 Specifications
| Parameter | Value |
|---|---|
| Category | Energy & Climate |
| Flagship product | Cape Station |
| Headquarters | Houston, United States |
| Status | Public |
| Website | fervoenergy.com ↗ |
