SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

Fervo signs 396-MW geothermal power deal with Google

Fervo Energy said it signed a deal to supply 396 megawatts of geothermal power to Alphabet’s Google from its Cape Station project in Utah, sending shares up nearly 14% in premarket trading.

FRVOGOOG

Geothermal developer Fervo Energy NASDAQ:FRVO said on Tuesday it had signed a deal to supply 396 megawatts of geothermal power to Alphabet's Google NASDAQ:GOOG from its Cape Station project in Utah, sending its shares up nearly 14% in premarket trading.The deal highlights growing interest from larg…