Company Description
Fervo Energy is a geothermal energy developer that builds, owns, and operates geothermal power facilities.
We construct projects in phases across leased acreage positions that can support multi-gigawatt power developments (“GeoClusters”).
Our leasing strategy is focused on securing high-quality, geothermal resources in prime locations, the vast majority of which have existing deep wells that confirm significantly elevated temperatures at shallow depths and near-term commercial viability.
In June 2023, we broke ground on our first GeoCluster – Cape Station – located in Milford, Utah, which we expect will become the world’s largest EGS project in terms of total installed capacity.
At Cape Station, we have 500 megawatts under construction and expect to deliver first power in late 2026, reaching approximately 100 megawatts of operating capacity by early 2027.
| Country | United States |
| Founded | 2017 |
| Industry | Utilities - Independent Power Producers |
| Sector | Utilities |
| Employees | 199 |
| CEO | Tim Latimer |
Contact Details
Address: 811 Main Street, Suite 1700 Houston, TX 77002 United States | |
| Phone | (832) 554-3253 |
| Website | fervoenergy.com |
Stock Details
| Ticker Symbol | FRVO |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 1853868 |
| Employer ID | 82-3168838 |
| SIC Code | 4911 |
Key Executives
| Name | Position |
|---|---|
| Tim Latimer | Chief Executive Officer and Chair of the Board |
| Jack Norbeck | Chief Technology Officer |
| David Ulrey | Chief Financial Officer |
| Gustavo Torres | Senior Vice President, General Counsel & Corporate Secretary |
| Sarah Jewett | Senior Vice President, Strategy |
| Quinn Woodard Jr. | Vice President, Operations |
| Dawn Owens | Senior Vice President, Head of Development & Commercial Markets |
| Christian Gradl | Senior Vice President, GeoBlock Factory |
| Margaret C. Whitman | Lead Independent Director |
| Robert Keehan | Director and Chair of the Audit Committee |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 17, 2026 | S-1 | General form for registration of securities under the Securities Act of 1933 |
| Mar 31, 2026 | DRS/A | [Amend] [Cover] Draft Registration Statement |
| Feb 13, 2026 | DRS/A | [Amend] [Cover] Draft Registration Statement |
| Dec 10, 2025 | D | Notice of Exempt Offering of Securities |
| Dec 10, 2025 | DRS | [Cover] Draft Registration Statement |
| Dec 27, 2024 | D | Notice of Exempt Offering of Securities |
| Mar 5, 2024 | D/A | Filing |
| Feb 22, 2024 | D | Notice of Exempt Offering of Securities |
| Aug 23, 2022 | D | Notice of Exempt Offering of Securities |
| Apr 2, 2021 | D | Notice of Exempt Offering of Securities |