Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth’s heat, raised $1.9 billion in an initial public offering.
A Start-Up Aiming to Make Geothermal Energy Mainstream Goes Public
Source: https://www.nytimes.com/2026/05/13/business/energy-environment/fervo-geothermal-energy-ipo.html
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