Houston, TX – According to filings with the U.S. Securities and Exchange Commission, Fervo Energy is raising $138,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Timothy Latimer played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Fervo Energy
Developing next-generation geothermal projects to deliver 24×7 carbon-free energy. Our mission is to leverage innovation in geoscience to accelerate the clean energy transition. Geothermal is a 24/7, carbon-free, renewable energy resource that, with the right technology, can play a central role in decarbonizing the most challenging parts of the electricity sector. Our team consists of reservoir engineers, geophysicists, data scientists, and renewable power developers who are passionate about building energy systems to address climate change. Our technology leverages over a decade of innovation in drilling and production from the shale sector, leading to dramatic improvements in system performance and well design. Fervo combines advanced drilling techniques, fiber-optic sensing, and cloud-based analytics, unlocking a new class of geothermal resource.

To learn more about Fervo Energy, visit http://www.fervoenergy.com/

Contact:
Timothy Latimer, Chief Executive Officer
713-965-4291
https://www.linkedin.com/in/timlatimer/

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