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Can you sell Fervo Energy stock?
Yes, you may sell the Fervo Energy stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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To learn more about Fervo Energy stock
Is Fervo Energy a public company?
No, Fervo Energy is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
What is Fervo Energy’s stock price?
Fervo Energy is a privately held company and therefore does not have a public stock price. However, you may access Fervo Energy private market stock price with Forge Data.
What is Fervo Energy’s stock ticker symbol?
Fervo Energy does not have an official ticker symbol because this company is not currently publicly traded.
Can institutional investors buy and sell private market stocks?
Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.
Fervo Energy investors also invested in these private companies
Fervo Energy, a Houston, TX-based geothermal development company, raised additional $255M in funding. The funding comprised both opportunistic corporate equity and new debt financing. led the corporate equity round. The $135m equity round was led by Capricorn’s Technology Impact Fund II, with participation from Breakthrough Energy Ventures, CalSTRS, Congruent Ventures, CPP Investments, DCVC, Devon Energy, Galvanize Climate Solutions, Liberty Mutual Investments, Mercuria, and Sabanci Climate Ventures. In addition to corporate equity, Fervo secured a $120m letter of credit and term loan facility from Mercuria.
Geothermal startup Fervo Energy has signed its largest contract to date: a deal to sell 320 megawatts of power from its Utah project to Southern California Edison, the main electric utility for Southern California. The Houston-based company said the two 15-year power purchase agreements were its first with an investor-owned utility and the largest of its kind for geothermal energy. Fervo called the deal a milestone for the advancement of a technology the Department of Energy said was crucial to meet the country’s pressing power demands while also decarbonizing the grid.
Fervo Energy (“Fervo”), the leader in next-generation geothermal energy, announced today the execution of two power purchase agreements (PPAs) totaling 320 MW with Southern California Edison (SCE), one of the nation’s largest utilities. The 15-year agreements for 24/7 carbon-free geothermal energy will provide reliable, clean, and affordable power for the equivalent of 350,000 homes across Southern California and support SCE’s vision to help California transition to a cleaner energy future.
This latest round of funding included entities like Galvanize Climate Solutions, John Arnold, Liberty Mutual Investments, Marunouchi Innovation Partners, Mercuria and Mitsubishi Heavy Industries. The fundraise will support the company’s continued operations at Cape Station — a geothermal energy facility that is estimated to deliver some 400 MW of clean electricity, beginning in 2026 and reaching full potential in 2028.
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May Private Market Update
