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Fervo signs 396-MW geothermal power supply deal with Google; shares jump

Source: reuters.com

Energy Markets & PricesInfrastructure & DefenseCompany Fundamentals
Fervo signs 396-MW geothermal power supply deal with Google; shares jump

Fervo Energy signed a deal to supply 396 MW of geothermal power from its Cape Station project in Utah to Alphabet/Google. The agreement helped lift Fervo’s shares nearly 14% in premarket trading, signaling strong demand/contract momentum for its project pipeline.

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