FRVO News & Events

Fervo Energy priced 70M shares at $27.00. The deal priced above the $25.00-$26.00 target range. Fervo Energy offers large-scale deployment of geothermal systems that it says combines the application of horizontal drilling, fiber-optic sensing, and advanced reservoir engineering with "an innovative approach to power systems engineering."

Fervo Energy priced 70M shares at $27.00. The deal priced above the $25.00-$26.00 target range. JPMorgan, BofA, RBC Capital and Barclays are acting as joint book running managers for the offering. Fervo Energy offers large-scale deployment of geothermal systems that it says combines the application of horizontal drilling, fiber-optic sensing, and advanced reservoir engineering with "an innovative approach to power systems engineering."