Gates-Backed Fervo Stock Rises After Its Utah Power Plant Achieves 'Commercial Operation' — Barrons.com

By Anita HamiltonShares of Bill Gates-backed Fervo Energy, which is developing geothermal energy to use at commercial scale, blew up Monday after it reported earnings.Shares closed up 26% at $11.38.The company has hardly any revenue and loses money, but it does have a big deal to supply Google with…