Fervo Energy Raises $244 Million to Accelerate Deployment of Next-Generation Geothermal

Fervo Energy (“Fervo”), has announced that it has raised $244 million in new funding led by Devon Energy, a pioneer in shale oil and gas. This financing will unlock Fervo’s next phase of growth, deploying proven technology adapted from the oil and gas industry at scale to deliver commercially viable 24/7 carbon-free energy. Galvanize Climate Solutions,

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