Cape Station Geothermal

Cape Station Geothermal Project Financing (Phase I)

Industry
Renewables/Geothermal
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

Fervo Energy has secured a $100 million bridge loan to support the Phase I development of its Cape Station Geothermal project in Utah. $65MM out of $100mn will fund development costs associated with the sub-surface development (geothermal wells, pads, roads, and associated infrastructure), while...

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Deal Volume
$100m
Financial Close
10/09/2024
Dealmakers
Sources

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Project Deals

Cape Station Enhanced Geothermal Project (Phase 1)
$462m
Greenfield
Geothermal
North America
North America
United States