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An illustration of Fervo Energy's enhanced geothermal system (EGS) technology underground, with heat flowing upwards and a drilling rig on the surface, emphasizing the Fervo Energy IPO.

Fervo Energy IPO targets $1.3B, boosts geothermal sector

Fervo Energy IPO targets $1.3 billion, aiming for a $6.5 billion valuation and boosting the geothermal sector with its i…

Sarah Chen·May 5, 2026, 3:03 AM

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