Wall St Engine(@wallstengine):$GOOGL SIGNS 396MW GEOTHERMAL DEAL WITH $FRVO Google signed a 396 MW PPA with Fervo Energy to supply carbon-free power from its Cape Station geothermal project in Utah, expected online in 2028. Google also has an option to add another ~600 MW by June 2030, potentially taking the partnership to nearly 1 GW to support a future Utah data center. The deal expands a partnership that began with Fervo’s Project Red in Nevada and is structured so existing utility customers don’t bear the added power costs.

2026.09.01 12:08

$GOOGL SIGNS 396MW GEOTHERMAL DEAL WITH $FRVO Google signed a 396 MW PPA with Fervo Energy to supply carbon-free power from its Cape Station geothermal project in Utah, expected online in 2028. Google also has an option to add another ~600 MW by June 2030, potentially taking the partnership to nearly 1 GW to support a future Utah data center. The deal expands a partnership that began with Fervo’s Project Red in Nevada and is structured so existing utility customers don’t bear the added power costs.