# Fervo Energy: valuation, funding, and the secondary tape

## The short version

- No priced instruments on record yet; milestones only.

| instrument | value | as of | source |
|---|---|---|---|
| Claimed valuation | n/a |  | graph |


## Recent milestones

- 2026-09-01 - [Google signed a 396 MW PPA with Fervo Energy (Sep 1 2026) -- the largest enhanced-geothermal deal ever -- from the Cape Station GeoCluster i](https://www.sltrib.com/news/environment/2026/09/02/google-inks-agreement-purchase-up)

[marks](https://data.somen.ai/marks) | [napkin](https://data.somen.ai/napkin) | [scorecard](https://data.somen.ai/scorecard) | [all companies](https://data.somen.ai/companies)

*Derived from the SOMEN graph at render time. The arithmetic cannot lobby you.*