Fervo Energy’s $1.3 Billion IPO Signals a Geothermal Breakthrough
Geothermal energy is moving into the spotlight. Fervo Energy, a U.S. geothermal developer backed by major investors including Google, is preparing to raise up to $1.33 billion in one of the biggest clean energy initial public offerings (IPOs) of 2026. The company is targeting a valuation of as much as $6.5 billion as demand for […]
