Fervo Raises $1. 89 Billion in Record Breaking Geothermal IPO Fervo, a leading player in the geothermal energy sector, has made history by raising $1.
89 billion in its initial public offering (IPO), shattering records and redefining the boundaries of low carbon investing.
This monumental feat is not just a testament to Fervo's financial prowess but also a significant milestone in the transition towards renewable energy sources.