Share price soars 30 percent following IPO

Fervo Energy's IPO could raise $1.8 billion and mark a turning point for geothermal power and the renewable energy industry.

Fervo Energy's IPO was upsized several times after potential investors asked why the enhanced geothermal startup wasn't raising more money.

Share price soars 30 percent following IPO

Fervo is building its first commercial power plant project in Utah with goals to scale nationwide with the data center construction wave.