Geothermal
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Two months post-Fervo, XGS is weighing an IPO
Another enhanced geothermal developer may be heading for the public markets.
Maeve AllsupJul 14, 2026 -
Can this rocket engineer help geothermal build faster?
Founded by a former Space-X engineer, Critical Energy raised $22 million to build modular power plants for geothermal developers.
Bianca GiacoboneJun 17, 2026 -
What geothermal can learn from offshore wind’s demise
Fervo's IPO looks like confirmation that enhanced geothermal has arrived. But is the industry whistling past the graveyard?
Nick ZenkinMay 20, 2026 -
How Fervo plans to spend its $1.9-billion IPO
Fervo SVP Sarah Jewett on the geothermal company's right-of-first-refusal deal with Google, and its plans to drive costs down.
Catherine BoudreauMay 13, 2026 -
Fervo’s very big $6.5 billion IPO target
The enhanced geothermal company is seeking to raise more than $1.3 billion as it looks toward an initial public offering.
Bianca GiacoboneMay 4, 2026 -
Why a $40 million loan to drill wells is good news for geothermal
Zanskar’s development capital facility suggests that lenders are getting comfortable with even the riskier parts of building geothermal.
Bianca GiacoboneApr 23, 2026 -
Geothermal has the chance to get it right the first time around
The sector can learn from the community opposition and policy hurdles that clean and fossil energy have long faced.
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Fervo has crossed the bankability divide
As the next-gen geothermal company prepares for IPO, big banks are betting $421 million on its first-of-a-kind geothermal project.
Maeve AllsupMar 19, 2026
