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...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
24 April 2026

Panama looks at PPP, but keeps faith with receivables

Panama’s Metro Line 3 and Ruta del Este financings rely on strikingly different risk and revenue models. But together, they suggest that after a subdued spell, one of Latin...

Perspective
27 April 2026

Lucky timing for ATOME’s green hydrogen fertiliser

Development banks have lined up behind ATOME’s Villeta green hydrogen fertiliser plant in Paraguay. Global supply chain disruptions have given the deal momentum, but the...