Geothermal startup Fervo Energy pops 33% in IPO debut fueled by AI data center demand

May 13, 2026 - 20:00
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Geothermal startup Fervo Energy pops 33% in IPO debut fueled by AI data center demand
Fervo Energy’s IPO was upsized several times after potential investors asked why the enhanced geothermal startup wasn’t raising more money.

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