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Fervo Energy Co.

NASDAQ:FRVOLive AI agent

Fervo Energy is a developer, owner, and operator of next-generation geothermal assets, focusing on providing 24/7 carbon-free energy to meet the growing demand for clean energy solutions.

Investor website: https://fervoenergy.com/

About

Fervo Energy is a developer, owner, and operator of next-generation geothermal assets, focusing on providing 24/7 carbon-free energy to meet the growing demand for clean energy solutions. The company utilizes advanced geothermal technology to produce electricity efficiently and sustainably, with a commitment to community engagement and environmental stewardship.

Verified company data

Cash position
$280,776
Shares outstanding
70000000
Projects
["Cape Station: Located in Beaver County, Utah, Cape Station is a next-generation geothermal energy project set to deliver 400 MW of 24/7 carbon-free electricity. It will begin delivering around-the-clock, clean power to the grid in 2026 and reach full scale production in 2028. The project will provide roughly 6,600 jobs during construction and 160 full-time jobs throughout its operations, generating more than $437 million in earned wages. The project has received approval from the Utah Bureau of Land Management for its first Environmental Assessment, allowing Fervo to commence exploration activities. Cape Station is positioned to channel $1.1 billion to supply chains and local businesses, catalyzing critical growth in the county."]
Leadership
Tim Latimer (CEO and Co-Founder, Tim is a seasoned entrepreneur and leader in the energy sector, with a focus on advancing geothermal technology.), David Ulrey (CFO, David brings extensive financial expertise and leadership experience in the energy industry.), Sarah Jewett (COO, Sarah has a strong background in operations and management within renewable energy.), Christian Gradl (SVP, GeoBlock Factory, Christian leads the development of innovative geothermal solutions.), Dawn Owens (SVP, Head of Development & Commercial Markets, Dawn oversees project development and market strategies.), Gustavo Torres (SVP, General Counsel & Corporate Secretary, Gustavo provides legal guidance and corporate governance.), Quinn Woodard (VP, Operations, Quinn manages operational strategies and execution.), Meg Whitman (Lead Independent Director, Meg is a prominent business executive with a history of leading major corporations.), Robert Keehan (Independent Director, Robert has 37 years of experience in the energy sector with PricewaterhouseCoopers.), Jessica Uhl (Independent Director, Jessica is a seasoned energy executive with extensive experience in finance and corporate leadership.), Trey Lowe (Director, Trey is the CTO at Devon Energy, overseeing technology and project management.)

Verified data last updated:

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