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Bill Gates-Backed Fervo Energy Boosts IPO Target to $1.8 Billion
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Bill Gates-Backed Fervo Energy Boosts IPO Target to $1.8 Billion

Bloomberg Tech · May 11, 2026, 1:05 PM · Also reported by 3 other sources

Fervo Energy Co., a geothermal energy developer, is seeking to raise as much as $1.82 billion in a US initial public offering, raising its target from $1.33 billion.

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