Fervo Shares Surge on Geothermal Power Deal With Google for 400 Megawatts
Deals·1 article across 1 outlet
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Shares of Fervo Energy Co. surged Tuesday after the geothermal developer signed a deal to sell almost 400 megawatts of power to Alphabet Inc.’s Google for a prospective data center in Utah.
The agreement marks a significant step for Fervo as it expands its renewable energy portfolio and partners with a major tech company.
Fervo EnergyGoogle
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“Shares of Fervo Energy Co. surged Tuesday after the geothermal developer signed a deal to sell almost 400 megawatts of power to Alphabet Inc.’s Google for a prospective data center in Utah.”
Bloomberg — Fervo Shares Surge on Geothermal Power Deal With Google