FRVO jumps 28% after Google power deal; agreement arrived sooner
Fervo Energy (FRVO) closed up 28% after announcing a 396-megawatt power purchase agreement with Google. RBC Capital said the deal was expected, but arrived earlier than previously thought.
Shares of Fervo Energy (FRVO) closed 28% higher on Tuesday after announcing a new power deal with Google, which RBC Capital said was expected but arrived sooner than it previously thought.The rally on Tuesday followed Fervo’s 396-megawatt power purchase agreement with Google, its largest contract t…