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Fervo Energy IPO: The Bill Gates-Backed Stock Soars in Trading Debut

Fervo Energy, a Houston-based geothermal energy firm, sold $1.9 billion worth of shares at $27 each...

BUSINESS NEWS May 13, 2026

Fervo Energy IPO: The Bill Gates-Backed Stock Soars in Trading Debut

Fervo Energy, a Houston-based geothermal energy firm, sold $1.9 billion worth of shares at $27 each in its IPO. Fervo stock jumped during its market debut.

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Fervo Energy, a Houston-based geothermal energy firm, sold $1.9 billion worth of shares at $27 each in its IPO. Fervo stock jumped during its market debut.

Author: Barron's

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