Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth’s heat, raised $1.9 billion in an initial public offering.
Fervo Energy Co., a geothermal energy developer, raised $1.89 billion in a US initial public offering that priced above the marketed range, after upsizing the deal earlier this week.
Public stock exchanges "appear to be warming to climate tech startups," reports TechCrunch. "Or at least some of them." This week, nuclear startup X-energy went public, raising $1 billion in an upsized share offering that appears to have delivered a…