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Google will buy 396 MW of geothermal from Fervo's Cape Station, online 2028, with an option to reach 1 GW. FRVO still trades 34% below its $27 IPO price.

September 02, 2026

Fervo Signed a Landmark Google Contract. The Stock Still Trades a Third Below Its IPO.

Fervo Energy (NASDAQ: FRVO) signed a 396 megawatt power purchase agreement with Alphabet‘s (NASDAQ: GOOG) Google, committing the hyperscaler to buy power from Cape Station…

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Tag: carbon free geothermal energy

Fervo Signed a Landmark Google Contract. The Stock Still Trades a Third Below Its IPO.

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Tag: carbon free geothermal energy

Fervo Signed a Landmark Google Contract. The Stock Still Trades a Third Below Its IPO.

PRISM Market View Alerts

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Get your dose of PRISM Market
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