Fervo Energy
Houston
About Fervo Energy
Fervo Energy develops and operates next-generation geothermal power projects that produce continuous, low-carbon electricity by tapping heat from deep beneath the Earth’s surface. The company applies advanced drilling methods, including horizontal drilling and data-driven subsurface analytics, originally developed in the oil and gas sector, to create enhanced geothermal systems in locations previously uneconomic for traditional geothermal power production. Fervo’s technology integrates downhole sensors and real-time data analysis to optimize well performance and heat extraction for reliable, around-the-clock baseload power. Its flagship development, Cape Station, is designed to deliver multi-hundred-megawatt capacity to the grid, with long-term power purchase agreements in place and phased commercial operations targeting mid-decade.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 101 – 250
- Estimated revenue: $50K – $100K
- Total funding: $1.9B
- Funding stage: Late Stage Venture
- Last round: Debt Financing (Mar 2026)
- Website: fervoenergy.com
- Phone: 713-965-4291
Industries & Categories
Energy, Energy Efficiency, Energy Management, Nuclear, Renewable Energy
Social Profiles
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