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Fervo Energy Company Class A Common Stock

FRVOStockUnited States

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Fervo Energy Company Class A Common Stock

Fervo Energy is a geothermal company based in Houston, Texas, that generates electricity through enhanced geothermal systems (EGS). Fervo Energy was co-founded in 2017 by CEO Tim Latimer, a mechanical engineer who worked as a drilling engineer at BHP until 2015, and CTO Jack Norbeck.

In 2023, Fervo Energy announced that its first commercial pilot geothermal plant, Project Red, was successful in generating three megawatt of baseload power and consistently maintained flow rates of 60 litres (16 US gal) per second. It is also developing Cape Station, the company's first multi-phased greenfield geothermal development.

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