Fervo Energy

Leader

Enhanced geothermal leader raised $462M Series E in Dec 2025 led by B Capital with Google; Cape Station delivering 100MW in 2026, 500MW by 2028; ~$1.5B total raised

Updated April 2026

Company Overview

Fervo Energy is a Houston-based enhanced geothermal startup using horizontal drilling and fiber-optic sensing technology borrowed from oil and gas to unlock next-generation geothermal power. Cape Station in Utah will deliver 100MW of clean baseload power in 2026 scaling to 500MW by 2028, making it the world's largest next-gen geothermal project. Fervo has raised approximately $1.5B in total funding with partnerships including Google and NV Energy.

Revenue
$462M
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Key Differentiators

Market Leader

Fervo Energy is recognized as a market leader in the Climate & Energy Tech sector, demonstrating strong industry presence and customer trust.

Growth Stage

Fervo Energy has achieved $462M in revenue, demonstrating strong product-market fit.

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