Fervo Plans IPO as Geothermal Escapes Trump’s Clean Energy Attacks
The startup’s rise has mirrored rising energy demand, driven by the data center boom.
Geothermal energy is having a moment, and Fervo is poised to take advantage of it. The company just pulled in $421 million in new debt financing, and an even bigger sign of Fervo’s momentum is its plan to go public .
Today’s newsletter takes you to Utah, where the company is building a massive geothermal power plant. We also bring you some data insights on the emissions impact of chip manufacturing , and the latest Zero episode — an exclusive interview with IPCC boss Jim Skea .