Google invests in Fervo’s $462M round to unlock even more geothermal energy

Enhanced geothermal startup Fervo Energy has raised $462 million to complete its first large-scale power plant and begin development on several others as it races to provide electricity to a power-hungry grid. The new funds will help the company continue work on its 500-megawatt Cape Station power plant in Utah while starting development on several others, Sarah Jewett, senior vice president of strategy at Fervo, told TechCrunch. The new round was led by B Capital with participation from AllianceBernste ...