News
20 March 2026

Fervo secures $421m for Cape Station

In:
Renewables
Region:
Americas

Fervo Energy has closed $421 million in non-recourse debt financing for the first phase of its Cape Station enhanced geothermal project in Beaver County, Utah. The financing marks a move from early-stage and bridge funding to a long-term, non-recourse project capital structure. Cape Station is...

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