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enhanced geothermal systems

Fervo Energy IPO Prices Above Range, Raises $1.89B

September 12, 2026May 13, 2026 by Bruno M.

Geothermal pioneer Fervo Energy priced its upsized Nasdaq IPO at $27 on May 12, 2026 — above the raised range — to raise $1.89B as AI data centers chase 24/7 clean power.

Categories IPO & Public Offerings Tags AI data center power, capital markets, enhanced geothermal systems, fervo energy IPO, geothermal energy

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