Fervo Energy Secures $206 Million In New Financing To Accelerate Cape Station Development

  • Last Updated on June 16, 2025

Fervo Energy, a market leader in commercial enhanced geothermal systems (“EGS”) deployment, has announced it has successfully secured $206 million of additional capital required to continue the advancement of Cape Station, the world’s largest EGS development. This milestone underscores Fervo’s record-breaking progress in commercializing firm, carbon-free geothermal energy at scale. The Cape Station development located

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